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About This Home
This 23-bedroom, 11-bathroom residential multi family at 3714 W Pico Blvd in Los Angeles, CA is listed for $2,590,000 ($439 per sqft). Built in 1921, the home offers 5,904 sqft of living space on a 0.22 acres lot.
Compass is pleased to present the opportunity to acquire a mixed-use commercial income property in the Arlington Heights neighborhood of Los Angeles. This property boasts commercial zoning with a use code for boarding/rooming houses, apartment hotels, and hostels- offering incredible flexibility and income potential.
The front building currently features 11 bedrooms and 6 bathrooms, in addition to 4 studios on the side and two 2-bedroom, 1-bathroom units in the rear. The second building features a duplex, each unit with 2 bedrooms and 1.5 bathrooms. In total, the property boasts 23 bedrooms and 11 bathrooms. With rents currently below market rates, there is tremendous potential for the right buyer to convert this into a cash cow through creative strategies by leveraging the unique use code and zoning.
Key Features
- Built in 1921
- 0.22 acre lot
- 2 stories
- 10 parking spaces
Property Details
Monthly Cost Estimate
$13,852/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3714 W Pico Blvd
Los Angeles, CA 90019
Property Details
Parking
Heating
Cooling
Questions & Answers
This 23-bedroom, 11-bathroom residential multi family at 3714 W Pico Blvd is listed at $2,590,000 ($439/sqft). The estimated monthly payment is $11,223 based on 20% down at 6.5% interest.
Key features include: Built in 1921, 0.22 acre lot, 2 stories, 10 parking spaces.
This property is listed by Bo Hyeok Kim and can be reached at 2135883629 or bokim@compass.com.
