Why Live in Pico-Union
Pico-Union in Los Angeles is a culturally vibrant neighborhood known for its architectural diversity, featuring turn-of-the-20th-century bungalows, Victorian, and Queen Anne style homes. This area has become increasingly popular among young professionals seeking more affordable housing options compared to downtown LA. Despite the limited green spaces typical of central Los Angeles, residents can enjoy Toberman Park and the Normandie Recreation Center, which offer grassy areas, playgrounds, and sports facilities. The neighborhood's food scene is a highlight, with authentic Latin American eateries like El Parian and Guelaguetza, and the El Gato Night Market providing a variety of street food options from Friday to Sunday. While major retail shopping is found in nearby Koreatown, local stores and grocery options like Food 4 Less and Ralphs are conveniently located. Pico-Union benefits from direct highway access with Route 110 and Interstate 10 bordering the neighborhood, making downtown Los Angeles just 3 miles away. Public transportation is accessible with numerous bus stops and the Westlake/MacArthur Park Metro station about 1 mile north. For air travel, both Hollywood Burbank Airport and Los Angeles International are approximately 15 miles away. The neighborhood is served by the Los Angeles Unified School District, which is rated above average, providing educational options such as Magnolia Avenue Elementary, Berendo Middle School, and West Adams Preparatory High School.
Home Trends in Pico-Union, CA
On average, homes in Pico-Union, Los Angeles sell after 80 days on the market compared to the national average of 70 days. The median sale price for homes in Pico-Union, Los Angeles over the last 12 months is $650,000, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$715,000
Median 2 Bedroom Sale Price
$351,000
Average Price Per Sq Ft
$396
Number of Homes for Sale
3
Last 12 months Home Sales
65
Median List Price
$715,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
25%