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 #:
PW26165346
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
kreakoreatown
Listed Date:
Jul 29, 2026
Total Sq Ft:
4,790
Lot Size:
6,509 sqft / 0.15 acres (approx)
Year Built:
1909
See this Listing
Schools
Interior
Laundry Features
AR
Exterior
Common Walls
NCW
Community Features
SDW, SL, URB
Financial
Map
Community
- Address2842 W Pico Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 24, 2026
8,005
Single Family Listed
85
Avg DOM
430
Avg $ / SqFt
$1,558,588
Avg List Price
Property Summary
- 2842 W Pico Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $1,300,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1909. The average price per square foot for Single Family listings in Los Angeles is $430. The average listing price for Single Family in Los Angeles is $1,558,588.
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