2842 W Pico

Los Angeles, CA 90006

6,509 sq ft lot
Built 1909

Listed by: Epique Realty

About this home

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.

Home details

Interior

Laundry: Common Area

Exterior & lot

Lot size: 6,509 sq ft (0.15 acres)
Lot features: 6-10 Units/Acre
Pool: None
Garage spaces: 0
Common walls: No Common Walls

Property & community

Property type: Apartment
Year built: 1909
Community: Street Lights, Urban, Sidewalks
County: Los Angeles
MLS #: PW26165346
Listed: Jul 29, 2026

Location

Listed by: Epique Realty

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 11, 2026 3:30 am.