5,000 sqft

$1,300,000

2846 W Pico, Los Angeles CA, 90006

Price per sqft$260.00

Built in1947

Property size5,000 sqft

Property typeCommercial

Listed by Mihwa Yi CA DRE# 01987254 with Epique Realty 888-893-3537

Overview

Active

Listed Jul 29, 2026

Updated Jul 30

This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. 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.

Additional information

MLS^® ID: PW26165411

Interior Features

Basement: No

Exterior Features

Lot Size: 0.15 Acres

Listed by Mihwa Yi CA DRE# 01987254 with Epique Realty 888-893-3537

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 7/30/2026 at 3:24 AM UTC Last Checked: 3:24 AM UTC