Located in the historic Pico Union neighborhood of Los Angeles, is a century-era 43-unit mixed-use property combining residential and commercial spaces. Built in the early 20th century, this sizeable 35,982 sq ft building features architectural elements typical of that era, including detailed brickwork and functional design. The property contains 36 apartment units, ranging from studios to one-bedroom apartments, alongside 7 diverse commercial spaces. Recently updated with separate gas and electric metering, it offers a 6.73% CAP rate and is priced at $5,500,000. Its proximity to downtown LA and major freeways makes it a valuable investment with significant rental upside potential.

Exterior Corner View

A large, three-story building forms the corner of a city block under a bright blue sky. The exterior is characterized by patterned brickwork with alternating bands of cream and light brown tones. The ground floor hosts several commercial storefronts with varied colorful signage and awnings, including yellow and green banners. Large windows with air conditioning units punctuate the upper floors, and fire escapes provide a vertical architectural element. Trees along the sidewalk add greenery, while parked cars and street lamps frame the urban streetscape, creating a lively neighborhood atmosphere.

Property Aerial View

Aerial perspective of a large urban commercial or residential building enclosed within red boundary lines. The rooftop is flat with various vents, HVAC units, and small structures scattered throughout. Surrounding streets form a grid with moderate traffic, parked cars lining the sidewalks, and crosswalks visible on the intersections. The area around the building includes smaller buildings with lighter-colored roofs and some trees providing greenery along the sidewalks. The overall setting suggests a dense city block with a mix of residential and commercial usage, characterized by orderly urban planning and infrastructure.

Kitchen Corner

A compact kitchen area with a black gas stove and refrigerator positioned against a plain white wall. The stove holds a frying pan and has multi-colored towels hanging from the oven handle, adding a touch of color to the otherwise monochrome space. The refrigerator’s top holds various kitchen items, with cleaning supplies and food cans stored beneath a small open area beside it. A vacuum cleaner stands near the stove. The floor is covered with beige square tiles, and the cabinetry is painted white, showing some wear that lends a lived-in historic charm. Two decorative plates hang on the wall above the sink area.

Kitchen Interior

Compact kitchen with a white-tiled floor and white-painted cabinetry showing some age and wear. The space is functional with a black gas stove and refrigerator on the left, towels hanging on the oven door. A countertop on the right holds a blender, coffee jars, and miscellaneous kitchen items. A window at the back lets in natural light, illuminating a small wooden table with chairs beside it. The walls are plain white, enhancing the brightness, and the kitchen feels practical with a blend of essential appliances and a lived-in charm typical of a historic home.

Living Room Workspace

Soft blue walls create a calming backdrop contrasted by a dark carpeted floor with a central white rug runner. The room combines living and working areas, with an eclectic mix of furniture and decor. A cozy armchair and a covered dining table sit on one side, while a black cabinet topped by a large flat-screen TV occupies the opposite wall. Two bar stools in black and red are positioned at a cluttered workstation filled with personal memorabilia, trophies, and framed photos. A ceiling fan with wooden blades hangs centrally, and light floods in from a glass door on the right, brightening the diverse and lived-in space.

Bedroom and Sitting Area

The room has soft blue walls that create a calming ambiance, complemented by white trim and ceiling. A white wooden bed with a mix of plush and decorative pillows is placed against the back wall. Nearby, a small table draped with a cloth holds additional decorative items. The space includes a cozy sitting area with a chair upholstered in a light blue and white patterned fabric. On the floor, a floral area rug adds warmth and color. A ceiling fan with wooden blades provides ventilation, while large French doors invite natural light. Walls are adorned with framed art and small decorative pieces, blending vintage charm with homey comfort. A dresser topped with memorabilia and framed pictures sits beside the doors, and an ornate mirror is visible through a doorway, hinting at classic design elements in connecting rooms.

Bedroom with Work Area

A spacious bedroom painted in soft blue walls, creating a calm atmosphere. A white bed with a light quilted cover is positioned on the right side, accompanied by a chair draped with cozy blankets. The carpet is dark with a contrasting floral rug set in the center, adding vintage charm. On the left wall, an open closet area is partially concealed by patterned curtains. A white dresser with various personal items and framed photographs sits beneath hanging art and a wall clock. A black TV is mounted above a cabinet, with a ceiling fan illuminating the room. The décor blends practical furniture and personal touches, giving a warm, lived-in feel.

Bathroom Interior

Compact bathroom space with white walls and vintage hexagonal patterned floor tiles in pale blue and white. A wall-mounted rectangular white porcelain sink with exposed plumbing is beneath a simple rectangular mirror framed in white. To the left, open shelving holds personal care items, including lotions and wipes. The bath area has a sliding glass door with gold trim, partially obscuring the shower fixtures and toiletries. A small white shelving unit to the right holds towels, a roll of toilet paper, and soft toys, adding a cozy, personal touch amid the efficient use of space. The overall aesthetic blends utilitarian elements with lived-in warmth.

Entry Hallway Details

A narrow hallway with muted, light-colored walls and a worn, vintage appeal. The doorway frames a blue-painted door on the left and a simple white door with a round brass knob on the right. A small table along the right wall is covered with a crochet lace cloth holding decorative items and a mirror with an ornate frame hung above it. Multicolored string lights are draped along the top trim, adding a warm and casual touch. The hallway carpet contrasts darkly with the lighter walls, and beyond lies a cozy living area with soft light filtering through windows.

Shared Bedroom Layout

The room presents a compact, utilitarian sleeping area with two beds, one being a metal-framed bunk bed on the left and a single bed on the right. The walls are painted a faded light lavender, with some visible wear and patchy areas near windows. Dark wooden dressers line both sides of the room, topped with personal items and a table lamp. The window coverings include dark curtains and blinds, filtering natural light. The parquet flooring adds a subtle geometric pattern underfoot. A wall-mounted TV and various decor items personalize the modest, lived-in space. Small storage and bags occupy floor space, contributing to the cozy, functional atmosphere.

Bedroom Corner

Light turquoise walls surround a compact bedroom with parquet wood flooring adding texture and warmth. A dark wood bed with drawers underneath is topped by a leopard print cover, accompanied by wooden furniture including a cluttered desk and a small dresser. Two cushioned dark gray armchairs face away from the bed, resting on a soft rug. The white door to the room has colorful childlike letters and star stickers. The wall above is personalized with framed pictures and a “HOME” sign, creating a lived-in, cozy, and personalized atmosphere. A ceiling fan with wooden blades completes the space.

Bedroom and Adjacent Kitchen View

Light turquoise walls create a soft backdrop for a room combining living and sleeping functions. A ceiling fan with wooden blades and bright lights hangs overhead. A large dark wooden dresser with multiple drawers and mirror panels stands beside a lighter wooden chest of drawers. A grey upholstered armchair is positioned near the bed with a leopard print bedspread. Multiple personal items and decorations are spread throughout on shelves and surfaces, adding a lived-in, eclectic feel. A large flat-screen TV is mounted on the wall above a dark wooden cabinet. Through a doorway, a compact kitchen with light wood cabinetry and a parquet floor connects the spaces, blending old and functional elements.

Kitchen Countertop and Stove

Long and narrow kitchen layout with wooden cabinetry in a natural finish that appears aged and worn, paired with light wood countertops. A stainless steel sink is centered along the left counter, accompanied by various kitchen utensils and containers, some stacked and cluttered. The floor is a rustic wood-patterned laminate, contrasting slightly with the plain white walls. The stove, black with a modern design, occupies the right side, with a metallic range hood above it. Cabinetry below the countertops is visibly aged with some damage, offering a vintage, lived-in character. The far wall has higher storage cabinets painted white, adding modest contrast to the wood tones. Overall, a compact space with utilitarian and somewhat eclectic aesthetics reflecting daily use.

Bathroom with Shower

A compact bathroom combines practical elements with a classic aesthetic. A white pedestal sink is mounted against a white paneled wall, paired with a vintage-style chrome faucet and a small mirrored cabinet above for storage. The bathtub is framed by a curtain decorated with an elegant gray damask pattern, contrasting against the otherwise plain white walls. Functional shelving stands over the toilet holding towels and toiletries, highlighting efficient use of space. Wood-patterned flooring adds warmth, while plush bath mats and colorful towels offer cozy accents. The room balances utility and charm in a modest footprint.

Bedroom Workspace

A compact bedroom with walls painted in a soft turquoise hue creates a calming atmosphere. The main bed is outfitted with a leopard print bedspread, positioned against a wall with simple decor and a small gallery of framed pictures above. The wooden parquet flooring adds warmth and texture, complementing dark wood furniture, including a large wardrobe and a multifunctional bed frame with drawers underneath. Opposite the bed, a table covered with a floral tablecloth functions as a workspace, surrounded by various chairs and personal items, illuminated by natural light filtered through elaborate green valances and lace curtains on the window. A ceiling fan with wooden blades hangs overhead, contributing both to comfort and a traditional aesthetic.

Bathroom Interior

White walls with a textured finish frame the bathroom, showing signs of wear near the baseboards. The floor is covered in large square beige tiles with darker grout lines. A simple wooden vanity cabinet in a honey oak finish holds a white sink and a chrome faucet, accompanied by a soap dispenser. Above the sink area is a wall-mounted black paper towel dispenser. Two framed artworks decorate the wall behind the toilet: one shows palm trees in black and white, and the other is a colorful flower painting. Stainless steel grab bars run horizontally along the walls near the toilet, highlighting accessibility. A blue toilet brush sits in the corner, next to an empty toilet paper holder on the adjacent wall.

Casual Dining Area

A narrow dining space with a tiled floor arranged in a grid pattern, extending down the length of the room. Tables with white plastic or vinyl tablecloths are lined up along both sides of the space, paired with simple chairs featuring red or dark cushion seats. The right wall is partly paneled with light wood paneling and adorned with framed artwork, adding some color and interest. On the left, a counter area has a lattice partition displaying a large menu with food images and labels. The ceiling is flat with a long fluorescent light fixture, and a single red curtain adds a pop of color to the plain, off-white walls. This functional, unpretentious room focuses on practicality with modest decor elements.

Small Restaurant Dining Area

A narrow dining space with white tiled flooring and a high, plain white ceiling lit by fluorescent tube lights. Tables with white tablecloths and protective clear covers are arranged neatly along the walls. Seating includes red vinyl cushioned chairs near the front and a mix of black and light wood chairs further back. The right wall is decorated with light wood paneling halfway up and adorned with framed pictures. The opposite wall behind the counter has a menu display with multiple small food images. The counter area holds coffee machines and kitchen equipment, contributing to a casual, welcoming atmosphere.

Small Café Counter

Compact café counter area with stainless steel appliances and equipment designed for quick service. Menu photos with dishes are displayed prominently on the wall on the left side, giving a vibrant, colorful touch. A coffee maker with orange-tinted glass carafes sits atop the counter, alongside cups and small containers. The walls are painted beige, and overhead fluorescent lighting provides bright illumination. Behind the counter, various kitchen supplies, utensils, and a clock hang on the wall, along with a fire extinguisher for safety. Poinsettia plants and handcrafted signs add a personal and warm touch to the functional, modest space.

Casual Dining Area

The space has a warm, muted peach wall color combined with light beige tile flooring set in a grid pattern. Multiple wooden chairs with simple designs surround tables covered in bright red tablecloths topped with clear protective plastic. The setup suggests a casual, welcoming eatery or café, with a focus on practical seating arrangements. A large colorful mural on the left wall highlights cultural elements, while smaller framed photos, flags, and memorabilia add personalized touches to the room. Fluorescent tube lights provide bright, even illumination in the space, complementing its inviting yet straightforward aesthetic.

Retail Boutique Interior

Light wood laminate flooring extends throughout the space, creating a warm and natural base. Walls feature horizontal slat panels allowing flexible display arrangements with hanging clothing and accessories primarily in feminine styles and bright colors. Mannequins stand centered, dressed in casual to semi-formal outfits including a royal blue dress, a white jumpsuit, and a darker navy dress, adding focal points to the room. White modular shelving hosts a variety of personal care products, while metal racks hold smaller items. Fluorescent ceiling lights provide strong illumination, and a corner potted plant softens the overall commercial vibe. The space is bright, functional, and designed to maximize product visibility.

Salon Interior

Long tiled floor space with several black salon chairs spaced evenly along the room, accompanied by black mats beneath each chair. Walls painted in light lavender provide a cool and clean backdrop. On the left, a small reception desk and a nail polish display add functional decor, near burgundy armless chairs aligned against the wall. Artwork on the wall includes a large portrait of a woman, adding a modern artistic touch. Stainless steel shelves and counters hold an array of salon products and tools, while tall black beams and exposed ceiling pipes contribute an industrial vibe. Fluorescent lighting brightens the entire space evenly.

Hair Salon Interior

A spacious salon area with white tiled flooring providing a clean and reflective surface. The walls are painted light gray, complementing the airy atmosphere. Black styling chairs are paired with long wall-mounted workstations, each equipped with large rectangular mirrors framed by vanity lights. Various hair care products and tools are neatly arranged on the countertops. Chairs on the left side offer waiting space, accompanied by a small table. The ceiling has fluorescent tube lighting and exposed pipes, adding an industrial touch. Artwork and posters adorn the walls, enhancing the creative and professional vibe of this beauty space.

Beauty Salon Interior

Long, narrow space with tiled floors and white walls. Black salon chairs are stationed along one side in front of a long wall-mounted mirror with shelves holding various hair products and styling tools. Ceiling shows some wear, with peeling paint and a fluorescent light fixture. Opposite the chairs, a white reception desk stands near the entrance, adorned with decorative accents and a large poster of a stylish woman on the wall behind it. The front glass door allows natural light in, and a few potted plants add subtle greenery, highlighting a functional yet straightforward beauty salon setting.

Salon Interior Space

The space is open and airy with high ceilings and large front glass doors allowing natural light to fill the room. White tiled flooring with gray grout adds brightness and a clean aesthetic. Black salon chairs and functional workstations contrast against pale lavender-gray walls. A white cabinet counter serves as a reception or workspace area with assorted beauty tools and product shelves nearby. A large fashion poster on the far wall introduces a stylish focal point. The overall look balances utilitarian design with subtle modern elements, creating a welcoming environment for clients in this beauty salon.

Rear Alleyway

A narrow concrete alley runs alongside an aged brick building, showing wear from years of exposure. The brick wall exhibits faded paint patches, remnants of an older mural or signage, with bricks in varying shades of beige, gray, and occasional hints of red. Numerous metallic conduit pipes run horizontally near the upper half of the wall. On the left side, several large black dumpsters sit on the concrete, and further down, a classic older model black vehicle is parked near the building entrance. The alley is bordered by a chain-link fence and features utility poles and wiring overhead. Sparse greenery is visible at the far end near the horizon.

Listing Agent: Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. via Zillow