East Los Angeles (ELA) Homes with Mixed Use Subtype

East Los Angeles (ELA) Homes with Mixed Use Subtype

Welcome to East Los Angeles (ELA), a vibrant and culturally rich community nestled in the heart of Los Angeles County, California. Known for its deep-rooted heritage and diverse population, ELA is a tapestry of traditions, flavors, and lifestyles that make it a unique place to call home. With its proximity to downtown Los Angeles, residents enjoy easy access to the bustling city life, while still being able to retreat to the warmth and charm of their own neighborhood.

One of the standout features of East Los Angeles is its array of mixed-use properties. Homes with a mixed-use subtype provide an exciting opportunity for residents to live, work, and play all in one vibrant locale. Imagine stepping out of your front door to find a delightful café, boutique, or art studio just a stone's throw away. These properties not only enhance the quality of life by offering convenience but also foster a sense of community as neighbors gather in shared spaces.

The architectural styles in East Los Angeles reflect its rich history, with a blend of classic California bungalows, modern townhomes, and innovative mixed-use developments. Whether you're seeking a cozy abode or an investment opportunity, the mixed-use homes in ELA cater to a variety of lifestyles and preferences.

With its thriving local culture, diverse dining options, and a strong sense of community, East Los Angeles invites you to explore its unique offerings. Embrace the opportunity to be part of this dynamic neighborhood where home and business coexist harmoniously, creating a truly exceptional living experience. Discover your perfect mixed-use property in East Los Angeles today!

Newest East Los Angeles (ELA) 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.