East Los Angeles (ELA) Homes with Mixed Use Subtype

East Los Angeles (ELA) Homes with Mixed Use Subtype

Welcome to the vibrant and diverse region of East Los Angeles (ELA), located in the heart of California, within Los Angeles County. ELA is a dynamic and culturally rich area that offers a unique blend of urban living and community charm.

One of the appealing features of East Los Angeles is the availability of homes with a Mixed-Use Subtype. This subtype allows for a versatile and flexible living experience, where residents can enjoy the convenience of having both residential and commercial spaces within the same property. Whether you're looking to live above a bustling storefront or want the flexibility to run a business from the comfort of your own home, homes with a Mixed-Use Subtype in ELA offer a range of possibilities.

Living in East Los Angeles means being part of a vibrant community with a rich history and a bright future. From diverse dining options to cultural events and outdoor recreational activities, ELA has something for everyone. With easy access to major highways and public transportation, residents can explore all that Los Angeles has to offer while still enjoying the unique character of East LA.

If you're looking for a home that offers both residential comfort and commercial convenience, consider exploring the homes with a Mixed-Use Subtype in East Los Angeles. Experience the best of both worlds in this dynamic and thriving community.

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.