2200 Pico Boulevard

Los Angeles, California 90006
For Sale $7,999,000
  • 0.29 acre lot
  • Built 1905
  • Multi-Residential Building
  • MLS# SB16199807
  • Status Active

More Property Info for 2200 Pico Boulevard

LOCATION! LOCATION!LOCATION! CORNER OF PICO AND HOOVER. 32 UNITS: 14 Singles, 12 One bedrooms, one Bathrooms, 6 Stores. THIRTY TWO UNITS MIX USED BUILDING LOCATED at 1.1 MILES OF STAPLES CENTER/ LA LIVE AND CONVENTION CENTER. IT IS CLOSE TO DOWNTOWN, MID- WILSHIRE AND KOREA TOWN. THE NEIGHBORHOOD IS DENSELY POPULATED AND SHOWING SIGN OF GENTRIFICATION. BUSINESS WEEK STATED THAT THE NEIGHBORHOOD IS ONE OF THE TOP TEN FASTEST APPRECIATING AND BEST BUYS IN THE COUNTRY FOR REAL ESTATE. SAVVY REAL ESTATE INVESTORS WILL HAVE THE OPPORTUNITY TO ADD VALUE BY REMODELING AND RENOVATING THE UNITS TO GET HIGHER RENTS. THE BUILDING IS NEAR TRANSPORTATION, PROVIDING TENANTS AUTOMOBILE FREE ACCESS TO DOWNTOWN, USC AND LOS ANGELES' ENTERTAINMENT AREAS.

Property Highlights

  • Los Angeles County
  • Lot: 0.29 acres
  • Built 1905
  • Geo Coordinates: 34.047, -118.284
  • ZIP: 90006
  • Days On Homeswing: 83
  • County Or Parish: Los Angeles
  • Directions: Cross Streets: PICO / HOOVER
  • Garage Spaces: 2.00
  • Lot Features: 31-35 Units/Acre
  • Lot Size Acres: 0.29
  • MLS Area Major: C17 - Mid-Wilshire
  • Number Of Buildings: 1
  • Number Of Units Total: 32
  • Parcel Number: 5056008012
  • Parking Total: 10.00
  • Pool Features: None
  • Utilities: Sewer Connected
  • Water Source: Public
  • Year Built: 1905
  • Zoning: LAC2

Community Information for 2200 Pico Boulevard

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Monthly Payment for 2200 Pico Boulevard

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Loan Type: 30 year fixed at 4.00%
Price: $7,999,000
Down Payment: - $1,599,800 (20%)
Loan Amount: = $6,399,200
Principal & Interest: +
Property Taxes: + (1.5%)
Homeowner's Insurance: +
Mortgage Insurance - PMI: +
Total Payment: =
20%
Down Payment
4.00%
Rate

Listing Provided by

Messou Attai, Re/Max Estate Properties

Listing Disclaimer

Based on information from California Regional Multiple Listing Service, Inc. as of 12/2/2016 8:55:37 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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License: 01760623
Home Smart Advantage Realty
License: 02005754
Rapisarda Real Estate
License: 01915989
Heritage Sotheby's International Realty

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