3714 W Pico Blvd

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.

This home located at 3714 W Pico Blvd is currently active and has been available on pardeeproperties.com for 39 days. This property is listed at $2,590,000. It has 23 beds and 11 bathrooms. The property was built in 1921. 3714 W Pico Blvd is in the Mid Los Angeles community of Los Angeles County.

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