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2584 W Pico Blvd, Los Angeles, CA 90006
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2584 W Pico Blvd Los Angeles, CA 90006

$2,549,500 Sold Price as of 06/03/2021
  • 0 Beds
  • 0 Baths
  • 7,000 Sq.Ft.
Sold
$2,549,500 Sold Price as of 06/03/2021 Refinance Your Mortgage
Map preview of 2584 W Pico Blvd, Los Angeles, CA 90006

Property Overview: 2584 W Pico Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 7,000 living square feet and 14,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prime West Pico Blvd location between Catalina and Berendo Streets * Ideal for owner/user, investor or developer * Excellent development potential! * 100' frontage on Pico Blvd * Located 2 blocks west of Vermont Avenue * Just minutes to Downtown Los Angeles * Easy access to public transportation and all Downtown Los Angeles freeways * 23,056 vehicles per day traffic count (2018) * Transit-Oriented Communities (TOC): 2576 is Tier 3 and 2584 & 2588 are Tier 2 * Located in Los Angeles Transit Priority Area and South Los Angeles Community Plan Total Building Area: 2,221 SF Total Land Area: 14,000 SF 2584 W Pico Blvd: Parking Lot; 7,000 SF of Land; APN 5075-005-003 2588 W Pico Blvd: Stores & Residential; 2,221 SF Building on 7,000 SF Land; Built 1995; APN 5075-005-002

Listed by John C. Pak | BRE #01898649 | JP Investment Real Estate Group
Last checked: 15 minutes ago | Last updated: October 1st, 2023 | Source CRMLS | DOM: 280

Home details

Lot Sq. Ft
14,000
HOA Dues
$0/mo
Year built
1996
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20594346
City
Los Angeles
County
Los Angeles
Time on Site
1210 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 0
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $14,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2584 W Pico Blvd

Interior Features
Interior Features
  • Security Features: Automatic Gate
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5075005003
Location / Neighborhood
Location Information
  • Directions: 2 Blocks West of Vermont Ave on Pico Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 2584 W Pico Blvd

Last sold for $2,549,500 on June 3rd, 2021

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: 23255973

    $3,950,000

    Price

  • Mar 30, 2023

    Date

    Active

    CRMLS: 23255973

    $3,950,000

    Price

  • Listing provided courtesy of CRMLS

    VACANT VACANT VACANT, At COE, will be delivered VACANT. Located at 2584-2588 W Pico Blvd in Los Angeles, this commercial land offers excellent development potential in a prime location between Catalina and Berendo Street. Its 100' frontage on Pico Blvd presents a great investment opportunity for investors and developers due to its proximity to Downtown Los Angeles, easy access to public transportation, and the 110 and 10 freeways. The property is in a Transit-Oriented Communities (TOC) area with Tier 2 and 3 designations and offers the possibility of constructing an apartment building on a total land area of 14,000 SF. 2584 W Pico Blvd Lot; 7,000 SF of Land; APN 5075-005-003, 2588 W Pico Blvd 7,000 SF Land, APN 5075-005-002 and 5075-005-003

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: 23255989

    $3,850,000

    Price

  • Mar 30, 2023

    Date

    Active

    CRMLS: 23255989

    $3,950,000

    Price

  • Listing provided courtesy of CRMLS

    VACANT VACANT VACANT, At COE, will be delivered VACANT. Located at 2584-2588 W Pico Blvd in Los Angeles, this commercial land offers excellent development potential in a prime location between Catalina and Berendo Street. Its 100' frontage on Pico Blvd presents a great investment opportunity for investors and developers due to its proximity to Downtown Los Angeles, easy access to public transportation, and the 110 and 10 freeways. The property is in a Transit-Oriented Communities (TOC) area with Tier 2 and 3 designations and offers the possibility of constructing an apartment building on a total land area of 14,000 SF. 2584 W Pico Blvd Lot; 7,000 SF of Land; APN 5075-005-003, 2588 W Pico Blvd 7,000 SF Land, APN 5075-005-002 and 5075-005-003

  • June, 2021

  • Jun 4, 2021

    Date

    Sold

    CRMLS: 20594346

    $2,549,500

    Price

  • Mar 30, 2021

    Date

    Active Under Contract

    CRMLS: 20594346

    $2,595,000

    Price

  • Feb 9, 2021

    Date

    Price Change

    CRMLS: 20594346

    $2,595,000

    Price

  • Aug 20, 2020

    Date

    Price Change

    CRMLS: 20594346

    $2,749,500

    Price

  • Jun 23, 2020

    Date

    Active

    CRMLS: 20594346

    $3,000,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: SR20057132

    $3,000,000

    Price

  • Mar 16, 2020

    Date

    Active

    CRMLS: SR20057132

    $3,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment for builder!! LAC2 Commercial Zoning, 2 Parcels(APN#5075-005-003 & APN#5075-005-002) are totaling about 14,000 sf. These Two Parcel are adjacent, address 2584~2588 W. Pico Blvd, LA. This is an amazing opportunity to develop a Building in this area. There are several containers for temporary retail businesses and brings in an income total about $14,000 per month. It is close to Down Town LA, Staple Center, Metro stations and etc.

  • March, 2019

  • Mar 1, 2019

    Date

    Expired

    CRMLS: SR18277231

    $3,250,000

    Price

  • Feb 21, 2019

    Date

    Price Change

    CRMLS: SR18277231

    $3,250,000

    Price

  • Nov 20, 2018

    Date

    Active

    CRMLS: SR18277231

    $3,690,000

    Price

  • Listing provided courtesy of CRMLS

    HUGE PRICE REDUCED..... 2584-2588 W. PICO BL , LOS ANGELES, CA, 90006 Offered AT $3,250,000*** THESE TWO ADJACENT PARCELS (APN 5075-005-003 & APN 5075-005-002), SITS ON LOTS ZONED LAC2, TOC TIER 2 AREA, TOTALING ABOUT 14,000 SQ FT.*** This is an incredible opportunity to develop a Multi Unit Building in Koreatown, ****one of the most densely populated cities in L.A. As a thriving megacity, Koreatown boasts countless restaurants, markets, and strip malls**** It has been described as a treasure trove of food, culture, and nightlife. Located near the Newly Constructed Aventura Hotel***** Best Koreatown location close to DTLA, Staple Center, L.A. Live! Many Commercial Amenities, Metro Stations are walking distance or short Bike Ride. Area is experiencing Mass Renovation and Revitalization, hundreds of New Apartment and Condo projects are currently under construction.

  • April, 2012

  • Apr 4, 2012

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • October, 2002

  • Oct 9, 2002

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 2584 W Pico Blvd

Assessed Value (2020): $477,543
Year Land Value Improved Value Assessed Value
2020 $456,319 $21,224 $477,543

Home Value Compared to the Market

This property vs the competition

2584 W Pico Blvd sold on June 3, 2021 for 118.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $370.71 per/sqft which puts the price per square foot 50.9% lower than the current median sale per square foot for the city of Los Angeles.

About 2584 W Pico Blvd

Detailed summary of property

2584 W Pico Blvd is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered -- bedrooms, -- bathrooms, roughly 7,000 living square feet, and sits on an approximately 14,000 square foot lot. 2584 W Pico Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,549,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 118.07% higher than the current median priced home. Local homes that are currently for sale include 1056 S Serrano Ave, 2327 S Budlong Ave and 1470 W Adams Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2584 W Pico Blvd has a days on market of 280 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2584 W Pico Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2584 W Pico Blvd

Public county record property details
Beds
--
Baths
--
Year built
1996
Sq. Ft.
7,000
Lot Size
6,999
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
48,49
APN
5075-005-003

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$611
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
36
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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