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Search Cali Homes Team
2314 W Pico Blvd, Los Angeles, CA 90006
- $1,575,000
- 16
- BD
- 16
- BA
- 9,408
- SqFt
Courtesy of Coldwell Banker Realty, Todd Bernstein - CA DRE#01816580
- List Price
- $1,575,000
- Status
- ACTIVE
- Days on Market
- 14
- Price Change
- ▼ $74,000 1793925410
- MLS#
- 26104959
- Year Built
- 1922
- Bedrooms
- 16
- Bathrooms
- 16
- Living Area
- 9,408
- Lot Size
- 7,005
- Acres
- 0.16
- MLS Area Major
- Mid Los Angeles (C16)
Property Description
BK SALE/DISTRESSED ASSET! The Property May Qualify for Financing w/Current Lender up to 70% LTV @7.99% IO. Pico Apartments, 98k per Unit. 16-unit multifamily investment opportunity located at 2314 W Pico Boulevard in the Harvard Heights neighborhood of Los Angeles. The property consists of 16 single units and is 100% occupied, providing investors with immediate in-place cash flow and long-term rental upside. Significant capital improvements have already been completed, including a seismic retrofit, mini-split A/C in every unit, and a full electrical upgrade with individual meters. Strategically positioned between Koreatown, Downtown Los Angeles and the USC/Exposition Park corridor, the property offers a 91 Walk Score and convenient access to major employment, entertainment and educational destinations.
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Additional Information
- Air Conditioning
- Wall Unit(s)
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