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2314 W Pico Blvd
Los Angeles, CA 90006

$2,600,000 USD

Apartments For Sale • 9,408 SF

Property Details

Property Type Apartments
Total Building Size 9,408 SF
Lot Size 0.16 AC
Building Class C
Year Built 1922
Zoning C2, Los Angeles

72 Transit Score

92 Walk Score

                
                    Highlights
                
                                16-Unit PRIME Value-Add Opportunity!
                            
                                Excellent Rental Upside of about ±53% and over ±8.52% Proforma CAP Rate
                            
                                STRONG Central Location! Perfectly adjacent to Koreatown, Downtown Los  Angeles, Harvard Heights, Mid-City, MacArthur Park, and University Park.
                            
                                Recent Major CAPEX: Earthquake Retrofitting, Mini Split A/C Systems for each unit, Full Electrical Upgrade (service + main  panel).
                            
                                Individually Metered for Gas & Electricity!
                            
                                Efficient Unit Mix (16) Large Studios of about ±500 SQFT each

Property Flyers

Flyer - 2314 W Pico Blvd

Amenities

Air Conditioning
Cable Ready
Granite Countertops
Hardwood Floors

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	8 min	-	3.8 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.1 mi
Transit/Subway	Drive	Walk	Distance
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Los Angeles International	22 min	-	13.1 mi
Bob Hope	23 min	-	13.7 mi
Long Beach (Daugherty Field)	30 min	-	22.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Abel Benitez 626-898-9740 Growth Investment Group California

2314 W Pico Blvd Los Angeles, CA 90006