CnC Realty

$985,000

1833 W Pico Boulevard

Los Angeles, CA 90006

Active

Los Angeles

County

Land

Property Type

About this home

PRICE SLASHED - POTENTIAL 24 UNITS - COMMERCIAL ZONE TO BUILD MORE - AND Owner may consider an Exchange Offer, or even Finance Your Purchase! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT maybe 24-26 UNITS WITH STORES ON THE BOTTOM, check with the City B&S Dept. HARD TO FIND LAND IN THIS LOCATION! COULD BUILD FOR ENTIRE Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. MAY BE POSSIBLE TO BUILD WITH NO PARKING (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP IN FRONT! Perfect for a Strong Future Money-Maker Investment with USA Guaranteed Section 8 Rental Income!!

Listed by Bruce Jay · DRE #00559166 · Bruce Jay Associates
MLS #1034435859
ListedMar 17, 2023

Property Details

Architecture

StoriesN/A
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryN/A
Parking FeaturesN/A
Parking Total0
Patio & PorchN/A
Entry LevelN/A
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.14 ac
Lot FeaturesN/A
ViewNone
DirectionsJust East of Bonnie Brae at Pico. Where Alvarado Terrace meets Pico Blvd. The Vacant Lot is on the North Side of Pico Blvd. next to the Stores on either side of the property. Between Alvarado & Union, North side of Street @ the Bus Stop. Build perhaps 24 Units (possibly Sec 8) with No Parking Requirements due to the Zoning!

Community

AreaC42 - Downtown L.A.
School DistrictN/A

Tax & Financial

TermsN/A
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$5,243/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:30 PM

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