4303 W Pico Blvd, Los Angeles, CA 90019
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4303 W Pico Blvd Los Angeles, CA 90019

$6,000,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$6,000,000 Get Pre-Qualified

Map preview of 4303 W Pico Blvd, Los Angeles, CA 90019

Property Overview: 4303 W Pico Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 10,887 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4303-4313 W Pico Blvd is a unique affordable housing development opportunity in Mid City. Plans call for 149 income restricted housing units and 1 manager unit, with an ideal unit mix of 48 singles and 102 one-bedrooms. Unlike other ED1 projects, the design includes one level of on-grade parking for 39 spaces and is centrally located to major employment hubs. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease up options and flexibility at completion. The seven-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 11,259 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $40,000 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.

Listed by Neema Ahadian | BRE #01346750 | Marcus & Millichap
Last checked: 11 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 211
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Home details

Lot Sq. Ft
10,887
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24350913
City
Los Angeles
County
Los Angeles
Time on Site
168 days

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Property Details for 4303 W Pico Blvd

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5082022006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: This affordable housing development opportunity at 4303-4313 W Pico Blvd, located between Crenshaw Blvd and S La Brea Ave in Mid City.
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Sale History for 4303 W Pico Blvd

Last sold for $2,250,000 on January 17th, 2020
  • December, 2023

  • Dec 6, 2023

    Date

    Active

    CRMLS: 24350913

    $6,000,000

    Price

  • January, 2020

  • Jan 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,250,000

    Price

  • January, 2012

  • Jan 13, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4303 W Pico Blvd

Assessed Value (2020): $76,829
Year Land Value Improved Value Assessed Value
2020 $43,461 $33,368 $76,829

Home Value Compared to the Market

This property vs the competition

4303 W Pico Blvd is listed 400% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 4303 W Pico Blvd

Detailed summary of property

4303 W Pico Blvd is a land located in Los Angeles, CA 90019 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 10,887 square foot lot. 4303 W Pico Blvd was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner is currently asking $6,000,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 400% higher than the median priced home. Local competing homes currently for sale include 12034 Venice Blvd, 453 Dalehurst Ave and 112 N Beverly Glen. While the average home in Los Angeles, CA is selling in 101 days, 4303 W Pico Blvd has a days on market of 211 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 4303 W Pico Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4303 W Pico Blvd

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
1,352
Lot Size
10,883
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
11,12
APN
5082-022-006

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$682
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
77
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 4303 W Pico Blvd

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.