Pico-Union Multifamily Homes & Duplexes for Sale

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  /57

  $1,369,000

  • 9 Beds
  • 5 Baths
  • 2,857 Sq Ft

  1032 S Bonnie Brae St, Los Angeles, CA 90006

  All units are vacant. all units are fully remodeled in 2023 with permit. Each unit has own gas and electric meter. Do not miss chance

  Chang Soo Lee Urban Real Estate, Inc.

  1032 S Bonnie Brae St, Los Angeles, CA 90006
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  /18

  $925,000

  • 7 Beds
  • 6 Baths
  • 4,430 Sq Ft

  1631 W 11th Place, Los Angeles, CA 90015

  ACTUAL 9.0 GRM/7.0% CAP RATE. PRO FORMA 7.8 GRM/8.7% CAP RATE! This 5 unit property is comprised of two separate buildings totaling 4,430sf in size. In the rear is a large 1,198sf home built in 1980 with 3 bed/1 bath. The front building was built in 1910 and is approx. 3,232sf in size comprised of (4) 1/1 units that are each 808sf. One unit is delivered vacant and in rent ready condition allowing

  Brian Noh Nohco Real Estate

  1631 W 11th Place, Los Angeles, CA 90015
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  /8

  $1,250,000

  • 5 Beds
  • 5 Baths
  • 4,569 Sq Ft

  1418 Orchard Ave, Los Angeles, CA 90006

  Excellent opportunity to own this 5 units investment property, 4 one bedroom one bath units in one building and a 3 bedrooms one bathroom on a separate structure, perfect for owner user, rent the 4 units and live in the 3 bedroom stand along house. This property its on a corner lot; Orchard Ave and 15th St. closed proximity to USC Campus, Exposition Park, California Science Center, the BMO

  Mauricio Calderon eXp Realty of Greater Los Angeles, Inc.

  1418 Orchard Ave, Los Angeles, CA 90006
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  /43

  $1,370,000

  • 6 Beds
  • 4 Baths
  • 2,432 Sq Ft

  1147 S Kenmore Ave, Los Angeles, CA 90006

  Experience the pinnacle of urban living in the heart of vibrant Koreatown! Welcome to 1147-1149 Kenmore Ave an impeccably designed duplex offering two distinct units, each with 3 spacious bedrooms and 2 bathrooms.Step inside and be greeted by an open, airy floor plan enhanced by luxurious vinyl flooring throughout. The master bedrooms feature en-suite bathrooms and large walk-in closets,

  Jong Seong Lim Keller Williams Larchmont

  1147 S Kenmore Ave, Los Angeles, CA 90006
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  /15

  $2,595,000

  • 4 Beds
  • 23 Baths
  • 14,340 Sq Ft

  1000 S Grand View St, Los Angeles, CA 90006

  With excellent visibility on the corner of Olympic Boulevard and Grand View Street, the property sits only one mile from LA Live, Los Angeles' sprawling 5.6 million square foot sports and entertainment complex that was constructed for approximately $2.5 billion in recent years. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum

  Rick Raymundo Marcus & Millichap

  1000 S Grand View St, Los Angeles, CA 90006
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  /13

  $799,000

  • 6 Beds
  • 6 Baths
  • 2,215 Sq Ft

  1715 Toberman St, Los Angeles, CA 90015

  6 separate units, great for income cash flow! A rare opportunity located in one of LA’s most dynamic and high-demand areas. Just minutes from Downtown Los Angeles, USC, LA Live, the Crypto.com Arena (formerly Staples Center), the LA Coliseum, and Koreatown, this property offers unbeatable proximity to the city’s top attractions and employment hubs. This centrally located investment property is

  Jacob Klimenko The Real Estate Store Inc.

  1715 Toberman St, Los Angeles, CA 90015
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  /25

  $2,200,000

  • 8 Beds
  • 8 Baths
  • 5,216 Sq Ft

  1038 Dewey Ave, Los Angeles, CA 90006

  We present a prime 6-unit investment property centrally located in Koreatown, one of Los Angeles' most sought-after neighborhoods. Offering a solid 5.47% cap rate and not subject to LA City Rent Control (RSO), this building consists of two large 2bd+2ba+Den units on the second floor and four spacious 1bd+1ba units on the third floor. The ground level offers eight side-by-side parking spaces.

  Johnny and David Team Keller Williams Realty Los Feliz

  1038 Dewey Ave, Los Angeles, CA 90006
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  /4

  $1,095,000

  • 6 Beds
  • 2 Baths
  • 3,009 Sq Ft

  1340 Constance St, Los Angeles, CA 90015

  EXCELLENT LOCATION - VERY CLOSE TO DOWNTOWN L.A. AND BLOCKS FROM THE L.A. CONVENTION CENTER IMPRESSIVE 2 UNITS IN A 3000+ SQF BUILDING IN A 7310 SQF LOT WITH PLENTY OF PARKING AND HIGH POTENCIAL TO GROW. POSSIBLE 2 MORE UNITS AND 2 ADU'S (BUYER TO INVESTIGATE W CITY) UNITS IN GOOD CONDITION WILL BE VACANT AT COE (LOWER UNIT WILL BE VACANT, UPPER UNIT WILL NEED 1 MONTH AFTER COE TO LEAVE AT NO

  Daniel Franco Daniel A. Franco, SRES

  1340 Constance St, Los Angeles, CA 90015
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  /4

  $800,000

  • 5 Beds
  • 6 Baths
  • 3,328 Sq Ft

  1422 W 10th Place, Los Angeles, CA 90015

  THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTY, 1416 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a six-unit apartment building, consisting of a duplex and fourplex on contiguous lots located at 1422-1426 West 10th Place. The subject property is located west of the 110

  Sean Rosenzweig Marcus & Millichap

  1422 W 10th Place, Los Angeles, CA 90015
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  /5

  $1,995,000

  • 20 Baths
  • 8,532 Sq Ft

  1416 W 10th Place, Los Angeles, CA 90015

  THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTIES, 1422-1426 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a 20-unit apartment community located at 1416 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. The subject

  Sean Rosenzweig Marcus & Millichap

  1416 W 10th Place, Los Angeles, CA 90015
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  /34

  $1,150,000

  • 3 Beds
  • 6 Baths
  • 2,730 Sq Ft

  1703 Toberman St, Los Angeles, CA 90015

  Brand New Asset! All systems have been completelyupdated. New Roof, Electrical, Plumbing, Wiring, Interiors.The property operates like a new asset due to substantialupgrades to all systems and interiors. The property iscurrently operating at a 7.97% Cap Rate and is beingoffered at a 8.81 GRM well below market average. This isthe ideal opportunity for any buyer looking for

  Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

  1703 Toberman St, Los Angeles, CA 90015
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  /7

  $1,100,000

  • 6 Beds
  • 5 Baths
  • 3,564 Sq Ft

  1153 S Kenmore Ave, Los Angeles, CA 90006

  Location! Location! Location! Great investment opportunity. Unlock the potential of this 4 units income property. This is a golden opportunity for investors looking to maximize returns. Or owner occupied live in one and rent the other units.Unit upstairs is a huge 3 bedroom and 2 bath is vacant. The other 3 units are in progress to be vacant. This property is being sold "As Is"

  Rene Aguilar First Family Homes

  1153 S Kenmore Ave, Los Angeles, CA 90006
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  /10

  $1,500,000

  • 8 Beds
  • 6 Baths
  • 4,733 Sq Ft

  1215 Fedora St, Los Angeles, CA 90006

  INCREDIBLE income property. Great location in Koreatown, well-maintained 4-unit apartment in front & 2BR house in the back with new roof and many upgrades, nice backyard, individually metered gas and electric, never a vacancy, low maintenance, please drive by only, do not disturb tenants. Motivated seller.

  Frank Kim Fox Industrial Realty

  1215 Fedora St, Los Angeles, CA 90006
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  /30

  $1,575,000

  • 14 Beds
  • 5 Baths
  • 4,620 Sq Ft

  2005 Magnolia Ave, Los Angeles, CA 90007

  Situated at 2005 Magnolia Avenue, Los Angeles, CA 90007, this charming property presents a unique investment opportunity. Comprising two units across 4,620 square feet, this two-level residence boasts a rich history dating back to its construction in 1903. Nestled on a 5,965 square foot lot in the Standard SLC area, it promises both space and potential. With a total operating expense of $13,260

  Leticia Alvarez RE/MAX Alliance Group

  2005 Magnolia Ave, Los Angeles, CA 90007
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  /37

  $5,500,000

  • 2 Beds
  • 4 Baths
  • 35,982 Sq Ft

  1262 Fedora St, Los Angeles, CA 90006

  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

  Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

  1262 Fedora St, Los Angeles, CA 90006
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  /72

  $1,199,000

  • 5 Beds
  • 4 Baths
  • 1,900 Sq Ft

  1224 Dewey Ave, Los Angeles, CA 90006

  Rare DUPLEX in Koreatown! Main house is 4Bed+3Bath and rear unit is 1Bed+1Bath. Delivered vacant or with tenants in place. Large carport, garage and storage shed in the rear. Gated parking in front, driveway, carport and/or garage. Interior is move in ready with plenty of closet space and large living area and large kitchen. Very quiet street next to a "T" street at Berendo Elementary School

  Elijah Shin Dream Realty & Investments Inc

  1224 Dewey Ave, Los Angeles, CA 90006
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  /63

  $1,400,000

  • 4 Beds
  • 8 Baths
  • 5,040 Sq Ft

  1136 Arapahoe St, Los Angeles, CA 90006

  Prime 8-Unit Multifamily Investment Opportunity in High-Demand Los Angeles Rental DistrictIntroducing a well-maintained and newly remodeled 8-unit multifamily property ideally situated in one of Los Angeles' most sought-after rental markets. With exceptional easy access to the 10, 110, and 101 freeways, this turnkey asset offers both convenience, enduring rental appeal and strong investment

  Tony Lam Pinnacle Real Estate Group

  1136 Arapahoe St, Los Angeles, CA 90006
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  /17

  $1,999,000

  • 15 Beds
  • 8 Baths
  • 7,040 Sq Ft

  1101 W 18th St, Los Angeles, CA 90015

  Beautiful & Iconic Craftsman Building. Step into timeless elegance with this beautifully restored Craftsman property, featuring spacious 2-bedroom, 1-bath units that blend historic charm with modern comfort. Enter through grand mahogany leaded-glass doors into a bright and open living area adorned with original, refinished hardwood floors and stunning exposed beam ceilings. Large windows flood

  Lee Ziff Keller Williams Beverly Hills

  1101 W 18th St, Los Angeles, CA 90015
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  /4

  $869,999

  • 4 Beds
  • 4 Baths
  • 2,418 Sq Ft

  1137 S Union Ave, Los Angeles, CA 90015

  Located near the heart of Los Angeles, 1137 S Union Ave is a gated, two-story 4-unit building with one bedroom and one bathroom in each unit, totaling 2,418 square feet. The property has seen some recent improvements, including new LVP flooring throughout and updated kitchens with gas ranges, granite counters, and modern cabinetry.Each bedroom includes a large closet with sliding doors, and the

  Diana Palencia Wedgewood Homes Realty

  1137 S Union Ave, Los Angeles, CA 90015
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  /22

  $1,070,000

  • 4 Beds
  • 4 Baths
  • 4,750 Sq Ft

  1328 Constance St, Los Angeles, CA 90015

  Prime 4-Unit Investment Property Near Downtown LA. Don't miss this incredible income-generating opportunity in a high-demand rental market! This two-story, four-unit building features spacious 1-bedroom, 1-bathroom units, totaling 4,750 sq. ft. on a 7,310 sq. ft. lot. Prime Location! Close to Live LA Life, top restaurants, the Los Angeles Convention Center, Crypto Arena, Fashion District, and the

  Giovanni Herrera Citi Homes Realty, Inc.

  1328 Constance St, Los Angeles, CA 90015
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  /7

  $999,000

  • 4 Beds
  • 3 Baths
  • 2,166 Sq Ft

  2006 W 12th St, Los Angeles, CA 90006

  LOCATION! LOCATION! LOCATION! Prime investment opportunity in the highly desirable Pico Union neighborhood near Downtown Los Angeles. Perfect for investors, developers, and first-time homebuyers, this triplex is positioned within a TOC Tier 4 zone, offering outstanding potential for increased density and future development. The property features two separate structures: a front duplex with

  Eddy Chavarria Las Casas Realty, Inc.

  2006 W 12th St, Los Angeles, CA 90006
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  /10

  $1,000,000

  • 8 Beds
  • 5 Baths
  • 4,232 Sq Ft

  1324 S Westlake Ave, Los Angeles, CA 90006

  Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and LADBS for the property’s renovation plans where the scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and

  Marlin Dginguerian JohnHart Real Estate

  1324 S Westlake Ave, Los Angeles, CA 90006
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  /14

  $1,690,000

  • 8 Beds
  • 5 Baths
  • 2,864 Sq Ft

  1147 Fedora St, Los Angeles, CA 90006

  1147 FEDORA STREET Built in 1903, this character-filled 3+2 Non-Conforming ADUs unit apartment building comprises two (2) singles units, two (2) two-bedroom one-bathroom units, and one (1) four-bedroom three-bathroom unit. The property presents a strong value-add opportunity with significant rental upside for a new owner. The subject property is strategically located in a dynamic and rapidly

  John Boyett CBRE

  1147 Fedora St, Los Angeles, CA 90006
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  /5

  $899,000

  • 7 Beds
  • 5 Baths
  • 3,120 Sq Ft

  1835 W 12th St, Los Angeles, CA 90006

  Units are separately metered for gas and electricity. Driveway allows entrance onto property with limited parking space. A heart beat away from DTLA, Staples Center, L.A. Live, and much more. Close proximity to public transportation. Spacious back yard.

  Daniel Morales Eastside Properties

  1835 W 12th St, Los Angeles, CA 90006
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  /3

  $1,470,000

  • 7 Beds
  • 5 Baths
  • 3,985 Sq Ft

  1243 S Kenmore Ave, Los Angeles, CA 90006

  Located in the heart of Koreatown, this four-unit building.Unit 1243 is a downstairs unit featuring 2 bedrooms and 2 bathrooms.Unit 1243 1/2, located upstairs, includes 2 bedrooms and 1 bathroom.Unit 1245, the other upstairs unit, offers 3 bedrooms, 2 bathrooms, and a front balcony accessible from the bedroom.Unit 1245 1/2 is a downstairs unit with 3 bedrooms and 2 bathrooms.

  Ben Salem Compass

  1243 S Kenmore Ave, Los Angeles, CA 90006
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  /3

  $1,113,300

  • 5 Beds
  • 4 Baths
  • 2,147 Sq Ft

  1757 S New England St, Los Angeles, CA 90006

  FOR SALE A FOUR UNITS PROPERTY, 1 UNIT IS 2 BED/1 BA AND THE OTHER 3 UNITS ARE 1 BED /1 BA EACH, THE PROPERTY NEEDS SOME TLCTHE RENTS HAVE A LOT OF ROOM TO INCREASECLOSE TO DOWNTON L.A, FWY 10 THE INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED, IMPLIED OR EXPLICIT, BUYERS AND AGENTS ARE ENCOURAGED TO DO THEIR OWN FINDINGS ABOUT THE BLDG SIZE, LOT SIZE, UNITS COUNT, PERMITS, ETCPLEASE DON'T

  Hugo Puertas Preferred, REALTOR

  1757 S New England St, Los Angeles, CA 90006
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  /6

  $850,000

  • 3 Beds
  • 3 Baths
  • 2,130 Sq Ft

  1523 Arapahoe St, Los Angeles, CA 90006

  Fantastic opportunity to own a triplex in a high-demand area just minutes from Downtown Los Angeles. This fully tenant-occupied income property features three units, including one spacious 2-bedroom, 2-bathroom unit and two 1-bedroom, 1-bathroom units for a total of 4 bedrooms and 4 bathrooms. (Public records show 3 beds/3 baths buyer to verify.) The property offers 2,130 sq ft of living space

  Yongho Rho Max Mega Group

  1523 Arapahoe St, Los Angeles, CA 90006
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  /21

  $2,875,000

  • 1 Bath
  • 9,801 Sq Ft

  1102 S Mariposa Ave, Los Angeles, CA 90006

  1102 S Mariposa Ave is a 24-unit apartment community constructed in 1927. Situated in the Koreatown submarket on a corner lot, the property consists of (24) Studio/One-Bathroom units, totaling an average of approximately 400 square feet per unit. Several units on the south side of the1st floor have sliding glass doors that open to a patio area. The property is individually metered for

  Alex Peterson NorthMarq Realty Services, Inc

  1102 S Mariposa Ave, Los Angeles, CA 90006
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  /5

  $1,450,000

  • 3 Beds
  • 2 Baths
  • 1,632 Sq Ft

  1344 S Berendo St, Los Angeles, CA 90006

  Perfect income-generating retirement property near the Korean Town. All expenses and maintenance are the tenant's responsibility, and the costs the homeowner pays are property taxes and insurance. This house has been completely remodeled, and its great location is attracting the attention of investors.

  Edward Ha The H Realty

  1344 S Berendo St, Los Angeles, CA 90006
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  /26

  $3,495,000

  • 40 Baths
  • 11,874 Sq Ft

  1030 S Union Ave, Los Angeles, CA 90015

  We are proud to exclusively present for sale a development opportunity for 40 units. Currently, there are 3 side-by-side vacant buildings on site with 11 units. Sellers have approved RTI plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. Start remodeling the front structures while entitling the development in the back! Have income

  Dario Svidler Keller Williams Beverly Hills

  1030 S Union Ave, Los Angeles, CA 90015
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  /7

  $1,270,000

  • 10 Beds
  • 6 Baths
  • 4,106 Sq Ft

  1138 Fedora St, Los Angeles, CA 90006

  The well-maintained building and units at 1138 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With five units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets

  Sun Young Park Stanfles Realty

  1138 Fedora St, Los Angeles, CA 90006
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  /9

  $1,750,000

  • 11 Beds
  • 9 Baths
  • 4,608 Sq Ft

  1330 S Catalina St, Los Angeles, CA 90006

  1330 S. Catalina St. is a renovated apartment building consisting of two structures on a single lot. The front building features four two-bedroom, two bathroom units, with units 1330, 1332, and 1336 operating as individual bedroom rentals, while unit 1332 is leased to a single tenant. At the rear of the property, a three-bedroom, one-bathroom home offers individually rented bedrooms, maximizing

  Will James Lyon Stahl Investment Real Estate, Inc.

  1330 S Catalina St, Los Angeles, CA 90006
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  /54

  $1,369,000

  • 6 Beds
  • 4 Baths
  • 3,648 Sq Ft

  1807 S Bonnie Brae St, Los Angeles, CA 90006

  Beautiful duplex renovated to include fresh interior/ exterior paint, new kitchen cabinet, granite countertops, ceramic tile, and bathrooms upgraded with new fixtures, Secured 10 parking space with auto gate. All units have new A/C. Great opportunity for investors! Within 10 minutes away USC, LA LIVE, DOWN TOWN, . KOREA TOWN. The Property is not verified by the agent, Buyer is to verify all

  Bong Sung Max Mega Group

  1807 S Bonnie Brae St, Los Angeles, CA 90006
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  /7

  $1,300,000

  • 6 Beds
  • 4 Baths
  • 3,948 Sq Ft

  1521 Menlo Ave, Los Angeles, CA 90006

  Location! Location! Location! Close to Korea Town and Downtown LA. Property located one block next to Vermont Ave and Venice Blvd. No vacancy!! Tenants pay Electricity, Gas and trash. There are 8 designated parking spaces within the property and additional available parking space. Well maintained property. Convinience!!! There are Mcdonald's, Restaurant, Pharmacy, coin laundry

  Sung W. Yi One Properties

  1521 Menlo Ave, Los Angeles, CA 90006
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  /15

  $15,000,000

  • 132 Beds
  • 72 Baths
  • 65,664 Sq Ft

  1337 S Hoover St, Los Angeles, CA 90006

  We are pleased to present the Siejay Apartments, a 72-unit multifamily investment opportunity located at 1337S Hoover St. in the Pico-Union neighborhood of Los Angeles. The subject property was originally a HUD Project-Based Section 8 property and was opted out of the HUD program in December 2009. Situated on a large 80,888-square-foot lot, the property offers a rare opportunity for additional

  Neema Ahadian Marcus & Millichap

  1337 S Hoover St, Los Angeles, CA 90006
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  /19

  $734,999

  • 3 Beds
  • 3 Baths
  • 1,900 Sq Ft

  1713 S Berendo St, Los Angeles, CA 90006

  Triplex for Sale – Prime Investment Opportunity!Don't miss this fantastic investment opportunity with a NEW PRICE ADJUSTMENT in an excellent location! This triplex offers incredible potential for investors or owner-occupants looking to maximize rental income. Each unit provides a great layout, and with some updating and renovations, this property can generate strong returns.Key

  Hans Chavez Century 21 Masters

  1713 S Berendo St, Los Angeles, CA 90006
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  /18

  $900,000

  • 2,087 Sq Ft

  1421 Courtland Ave, Los Angeles, CA 90006

  Great opportunity to purchase this multiunit building. 2,087 square feet of living space. Built in 1905. Lot is 3,941 square feet. Zoned LARD 1.5. Close to Downtown, restaurants, schools, parks, etc.. There are SCEP repairs needed. Property has violations buyer has to take as-is by signing HHA.

  Sebastian Stofenmacher Edgestone Real Estate, Inc.

  1421 Courtland Ave, Los Angeles, CA 90006
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  /12

  $1,585,000

  • 15 Beds
  • 9 Baths
  • 4,809 Sq Ft

  1641 S New Hampshire Ave, Los Angeles, CA 90006

  LARGE PRICE ADJUSTMENT! BRING ALL OFFERS! 9 units located in Historic Pico Union being offered at a below market $176,111 Price Per Unit! This professionally managed 1960's construction asset has a great top-heavy unit mix with (7) 2 Bed/1 Bath, (1) 1 Bed/1 Bath & (1) Single with some parking in the back being rented out by tenants. The entire building was re-piped to copper plumbing throughout

  Jonathan Rawson Avenue Realty Group

  1641 S New Hampshire Ave, Los Angeles, CA 90006
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  /5

  $1,419,000

  • 6 Beds
  • 5 Baths
  • 4,614 Sq Ft

  1400 S Westmoreland Ave, Los Angeles, CA 90006

  5-unit income property one bed+ one bath Excellent Well Maintained Two separate buildings are located in Mid-Wilshire. High-demand rental area. 4 Units Building on Front and Back Building detached separated units a large 2bed+1bath unit is built on the backside, One Bedroom/One Bathroom Units averaging over 900 SF each. Back Building 1 unit Detached Single Residence), as per tenants pay their Gas

  Henry Han HBAR

  1400 S Westmoreland Ave, Los Angeles, CA 90006
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  /10

  $5,650,000

  • 1 Bed
  • 47 Baths
  • 26,096 Sq Ft

  2268 W 14th St, Los Angeles, CA 90006

  We are excited to present Sylvester Apartments, a 47-unit multifamily investment opportunity in the heart of Pico-Union. Positioned between W Pico Blvd and Venice Blvd, this well-maintained property offers a compelling blend of strong in-place cash flow and value-add potential. The unit mix consists of 46 singles and one one-bedroom, currently operating at a 6.56% CAP rate and 7.90 GRM at the

  Neema Ahadian Marcus & Millichap

  2268 W 14th St, Los Angeles, CA 90006

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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.

Learn more about living in Pico-Union

Home Trends in Pico-Union, CA

On average, homes in Pico-Union, Los Angeles sell after 50 days on the market compared to the national average of 51 days. The median sale price for homes in Pico-Union, Los Angeles over the last 12 months is $800,000, down 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$800,000

Median Single Family Sale Price

$1,200,000

Median Townhouse Sale Price

$1,249,500

Median 2 Bedroom Sale Price

$599,000

Median 1 Bedroom Sale Price

$429,000

Average Price Per Sq Ft

$453

Number of Homes for Sale

41

Last 12 months Home Sales

27

Months of Supply

18.20

Median List Price

$1,092,500

Median Change From 1st List Price

5%

Median Home Sale Price YoY Change

-10%