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 diverse population and dynamic atmosphere, East LA offers a unique blend of urban living and suburban charm. With its rich history, artistic flair, and delicious culinary scene, this area is not just a place to live—it's a lifestyle.

East Los Angeles is characterized by its colorful murals, bustling markets, and a strong sense of community. Residents enjoy easy access to a variety of amenities, including parks, schools, and shopping centers, all within a few minutes' drive. The area is well-connected to downtown LA and surrounding neighborhoods, making it an ideal location for those who crave the excitement of city life while seeking the comfort of a close-knit community.

One of the standout features of East Los Angeles is its mixed-use homes. These properties seamlessly blend residential and commercial spaces, offering a unique opportunity for homeowners and entrepreneurs alike. Imagine living above your very own café or boutique, where the hustle and bustle of daily life is just an elevator ride away. Mixed-use homes provide the perfect balance of convenience and creativity, allowing residents to thrive in a dynamic environment that fosters both work and play.

Whether you're looking to invest in a mixed-use property or seeking a cozy home to call your own, East Los Angeles presents an array of options that cater to diverse lifestyles. Embrace the vibrant culture, enjoy the community spirit, and discover the endless possibilities that await you in this remarkable neighborhood. Welcome home to East Los Angeles!

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.