2854 W Pico Los Angeles CA 90006 | MLS #PW26165438
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.
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.
Property Details
Price:
$1,300,000
MLS #:
PW26165438
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Neighborhood:
kreakoreatown
Listed Date:
Jul 29, 2026
Total Sq Ft:
3,596
Lot Size:
6,358 sqft / 0.15 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Financial
Map
Community
- Address2854 W Pico Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
- 00068
- 12471
- 36158
- Angelino Heights, Echo Park
- Beachwood Canyon
- Bel Air crest
- Brentwood Circle Adjacent just across Sunset outsi
- Century Hill
- Culver District 16
- Custom
- Downtown
- Higgins Building
- Highland Park Extension
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- LA PALOMA ADD
- Ladera Heights
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Liddel
- Los Feliz Oaks Neighborhood
- Metropolis
- Nelavida
- Not Applicable-105
- Not in Development
- Other – 0011
- OTHR
- Outpost Estates
- Park Place
- Park Plaza 57
- ROBERT MARSH AND CO’S COUNTRY CLUB TERRACE TRACT L
- SB Grand
- Subdivision Name / Tract: 5609
- The Oaks
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- University Park
- West Adams
- Westmoreland Villa
- Willow Glen Estates/Hollywood Hills
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Commercial in Los Angeles as of Sep 14, 2026
309
Commercial Listed
157
Avg DOM
$2,602,750
Avg List Price
Property Summary
- 2854 W Pico Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90006. It is listed for $1,300,000
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Courtesy of Epique Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2854 W Pico
Los Angeles, CA