3714 W Pico Blvd, Los Angeles, CA 90019
3714 W Pico Blvd, Los Angeles, CA 90019
3714 W Pico Blvd, Los Angeles, CA 90019
3714 W Pico Blvd, Los Angeles, CA 90019
3714 W Pico Blvd, Los Angeles, CA 90019
3714 W Pico Blvd, Los Angeles, CA 90019
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$ 2,290,000
Est. payment | /mo

17 Beds

7 Baths

5,854 SqFt


Save
$ 2,290,000
Est. payment | /mo
Save

17 Beds

7 Baths

5,854 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,854 sqft

Price per Sqft $391

MLS Listing ID 26999837

Bedrooms 17

Year Built 1921

Lot Size 9,441 Sqft

Acres 0.2167

Property Sub-Type Multi-Family

Property Description

Compass is pleased to present the opportunity to acquire a mixed-use commercial income property in the Arlington Heights neighborhood of Los Angeles. This property boasts commercial zoning with a use code for boarding/rooming houses, apartment hotels, and hostels- offering incredible flexibility and income potential. The front building currently features 11 bedrooms and 6 bathrooms, in addition to 4 studios on the side and two 2-bedroom, 1-bathroom units in the rear. The second building features a duplex, each unit with 2 bedrooms and 1.5 bathrooms. In total, the property boasts 23 bedrooms and 11 bathrooms. With rents currently below market rates, there is tremendous potential for the right buyer to convert this into a cash cow through creative strategies by leveraging the unique use code and zoning.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC4

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Driveway

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Compass

Schools and Properties Nearby

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3714 W Pico Blvd