2709 W Pico Boulevard, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties
2709 W Pico Boulevard Los Angeles, CA 90006
$5,500,000 0 beds, 0 baths
0 sqft

Agent Remarks

Seller financing available at 4% IO with 40% Down! 1262 Fedora St is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sqft building is offered at only $128k/unit and $153/sqft. The property is currently operating at a 6.73% CAP and 8.36 GRM. There is still over 39% upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.

Listing Details

Property type: Mixed Use (Commercial)
Status: Active
MLS# SB25089411
List price is $5,500,000
Beds: 0
Baths: 0
Built in 1924
0.33 acres
Lot size: 0.3273
County: Los Angeles
Zoning: LAC2
Lot description: ZeroToOneUnitAcre
MLS area: C16 - Mid Los Angeles

Last Updated: 4/23/2025

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This listing belongs to the C16 - Mid Los Angeles MLS area

Lat/Long: 34.047538, -118.297608.
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Listing Agent: Cameron Samimi
Co Listing Agent: Christopher Bald
Lic#: 01234982
Office Name: Mission Viejo

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