2709 W Pico Boulevard, Los Angeles, California 90006

Seller financing available at 4% IO with 40% Down!rrn2709 Pico Blvd is a 43-unit mixed use buildingrrnlocated in the Pico Union neighborhood. Thisrrnmassive 35,982 sqft building is offered at onlyrrn$138k/unit and $165/sqft. The property is currentlyrrnoperating at a 6.22% CAP and 9.49 GRM. There is stillrrnover 39% upside available once the property isrrnstabilized. The property is separately metered forrrngas and electric.rrnThe building is comprised of (36) apartment unitsrrnand (7) commercial spaces – it is broken down in torrn(4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants,rrn(2) retail, (1) discount store, (1) salon and (1)rrnupholstery store. There are (4) studio/1-bath unitsrrnthat are currently vacant, offering immediaterrnupside in rental income.rrn2709 Pico Blvd is conveniently located just minutesrrnfrom Downtown Los Angeles, with easy access torrnthe 10 and 110 freeways. There are many shops,rrnrestaurants and amenities nearby, making this anrrnideal location for renters.