Log In/Sign Up
Your email has been sent.
3030 W Pico Blvd
Los Angeles, CA 90006
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Commercial/ Office/ Residential Use, CPA 6.18%
- Lower Level features Hardware Store
- High rental income of $127,752/year with additional income potential
- Upstairs features 6 individual Studio Units
- One Block from Western Ave./ Located minutes from DTLA
Executive Summary
Exceptional Investment Opportunity: Premier Mixed-Use Property in Downtown Los Angeles
Presenting a rare opportunity to acquire a high-value mixed-use commercial property strategically positioned at the prominent intersection of Pico Blvd. and Oxford Ave. This corner property combines stable income, strong tenant demand, and future growth potential, boasting an impressive 6.18% CAP rate and a monthly rental income of $10,396.
This two-story property spans 7,360 sq. ft. on a 4,194 sq. ft. lot (zoned LAC2). It features a reliable retail tenant (a hardware store) and six fully leased residential studios on month-to-month agreements. With nearly 100% occupancy and tenants maintaining excellent credit profiles, this asset offers investors a blend of consistent income and substantial long-term upside.
This property represents a rare chance to own a prime mixed-use building in the heart of downtown Los Angeles, providing a compelling combination of immediate returns and future value appreciation in one of the city’s most sought-after markets.
Presenting a rare opportunity to acquire a high-value mixed-use commercial property strategically positioned at the prominent intersection of Pico Blvd. and Oxford Ave. This corner property combines stable income, strong tenant demand, and future growth potential, boasting an impressive 6.18% CAP rate and a monthly rental income of $10,396.
This two-story property spans 7,360 sq. ft. on a 4,194 sq. ft. lot (zoned LAC2). It features a reliable retail tenant (a hardware store) and six fully leased residential studios on month-to-month agreements. With nearly 100% occupancy and tenants maintaining excellent credit profiles, this asset offers investors a blend of consistent income and substantial long-term upside.
This property represents a rare chance to own a prime mixed-use building in the heart of downtown Los Angeles, providing a compelling combination of immediate returns and future value appreciation in one of the city’s most sought-after markets.
Property Facts
| Price Per Unit | $291,321 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.18% | Lot Size | 0.10 AC |
| Sale Condition | Build to Suit | Building Size | 7,360 SF |
| Gross Rent Multiplier | 12.02 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1913 |
| Property Subtype | Apartment | ||
| Zoning | LAC2 - LAC2 | ||
| Price Per Unit | $291,321 CAD |
| Sale Type | Investment |
| Cap Rate | 6.18% |
| Sale Condition | Build to Suit |
| Gross Rent Multiplier | 12.02 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 7,360 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1913 |
| Zoning | LAC2 - LAC2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $2,039 CAD | - |
Property Taxes
| Parcel Number | 5074-001-011 | Improvements Assessment | $417,716 CAD |
| Land Assessment | $179,009 CAD | Total Assessment | $596,725 CAD |
Property Taxes
Parcel Number
5074-001-011
Land Assessment
$179,009 CAD
Improvements Assessment
$417,716 CAD
Total Assessment
$596,725 CAD
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
