2858 W Pico Los Angeles, CA 90006
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $726
MLS Listing ID PW26165467
HOA Y/N No
Year Built 1920
Lot Size 6,512 Sqft
Property Sub-Type Mixed Use
Property Description
The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units.
All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights, Sidewalks, Urban
View Y/N No
View None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Mixed Use
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5075010002
Acceptable Financing Cash, Conventional, 1031 Exchange, Government Loan, Lease Option, Land Use Fee
Listing Terms Cash, Conventional, 1031 Exchange, Government Loan, Lease Option, Land Use Fee
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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