3714 W Pico BLVD, Los Angeles, CA 90019
3714 W Pico BLVD, Los Angeles, CA 90019
3714 W Pico BLVD, Los Angeles, CA 90019
16
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$2,290,000
Est. payment /mo
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17 Beds
7 Baths
5,854 SqFt
New

3714 W Pico BLVD Los Angeles, CA 90019

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Jerry And Rachel Team Hsieh

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,854 sqft

Price per Sqft $391

MLS Listing ID 26999837

Bedrooms 17

HOA Y/N No

Year Built 1921

Lot Size 9,439 Sqft

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 C16 - Mid Los Angeles

Zoning LAC4

Interior

Fireplace No

Exterior

Parking Features Driveway

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5072025003

Special Listing Condition Standard


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Listed by Bo Hyeok Kim Compass #01968218

NEARBY SCHOOL & BUSINESS

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales License ID: 01701809

+1(424) 242-8856

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3714 W Pico BLVD