East Los Angeles Homes with Mixed Use Subtype

East Los Angeles Homes with Mixed Use Subtype

Welcome to East Los Angeles, a vibrant and culturally rich community nestled in the heart of Los Angeles County, California. Known for its unique blend of tradition and modernity, this dynamic area is home to a diverse population that celebrates its heritage through art, music, and culinary delights. With its close proximity to downtown Los Angeles, East LA offers residents the convenience of urban living while maintaining a distinct neighborhood charm.

One of the most exciting aspects of East Los Angeles is the availability of homes with a mixed-use subtype. This innovative housing option allows residents to experience the best of both worlds—living and working in the same space. Imagine waking up in your beautifully appointed apartment just steps away from your favorite café or boutique. These mixed-use properties are thoughtfully designed to accommodate both residential and commercial needs, fostering a sense of community and convenience.

The charm of East LA lies not only in its homes but also in its lively streets filled with local businesses, parks, and cultural landmarks. From the vibrant murals that tell the stories of the community to the annual events that bring everyone together, East Los Angeles is a place where you can truly feel at home.

For those looking to invest in a property that offers flexibility, character, and a strong sense of community, East Los Angeles with its mixed-use homes presents an unparalleled opportunity. Whether you're an entrepreneur seeking a live-work space or a family wanting to be part of a thriving neighborhood, East LA welcomes you with open arms. Discover your new home in this enchanting corner of California today!

Newest East Los Angeles Homes with Mixed Use Subtype

$1,350,000
SB26166189 MLS Active Status
3733 Bostwick Street presents the opportunity to acquire a partially renovated seven-unit multifamily investment consisting of five legal units and two non-conforming units in the highly accessible City Terrace neighborhood of East Los Angeles. Situated on a 5,771 square foot lot, the property contains approximately 3,810 square feet of rentable building area. Renovations have been completed to 71% of the units, allowing investors to benefit from immediate cash flow while completing the remaining value-add opportunities. Offered at a 7.40% Scheduled CAP Rate and 8.39 Scheduled GRM, the property features an attractive unit mix of two studios, one one-bedroom/one-bath unit, and four two-bedroom/one-bath units, including two non-conforming units. Recent capital improvements include new roofs on two of the property's three buildings, reducing near-term capital expenditures while enhancing the property's long-term appeal. Located just minutes from Downtown Los Angeles, the property is surrounded by a dense infill neighborhood with convenient access to restaurants, nightlife, and major employment centers. Within a 10-minute drive of approximately 40 million square feet of office space and offering immediate access to the 5, 10, 60, 101, and 710 Freeways, 3733 Bostwick Street benefits from strong rental demand driven by exceptional regional connectivity and proximity to one of Southern California's largest employment hubs.

3733 Bostwick, East Los Angeles

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