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 California's Los Angeles County. Known for its dynamic blend of cultures, East LA offers a unique tapestry of traditions, flavors, and lifestyles. As a hub of creativity and diversity, the area is celebrated for its bustling markets, authentic eateries, and vibrant street art that tell the story of its rich heritage.

One of the standout features of East Los Angeles is its array of homes with a mixed-use subtype. This innovative residential option not only provides comfortable living spaces but also integrates commercial opportunities, allowing residents to thrive in a community that promotes both work and play. Imagine living in a charming abode where the aroma of fresh coffee wafts from the café downstairs, or where boutique shops are just a few steps away. Homes with mixed-use subtypes in East LA are perfect for entrepreneurs and creative professionals seeking a lifestyle that balances home and business seamlessly.

The real estate market in this area is as diverse as its community, offering a variety of options from cozy bungalows to modern lofts. With easy access to public transportation and major freeways, commuting to downtown Los Angeles or beyond is a breeze, making East Los Angeles an ideal location for both families and young professionals.

Discover the charm of East Los Angeles today, where vibrant culture meets innovative living in homes that truly embody the spirit of this dynamic city. Embrace the opportunity to be part of a community that celebrates life, creativity, and opportunity!

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.