East Los Angeles (ELA) Homes with Mixed Use Subtype

East Los Angeles (ELA) Homes with Mixed Use Subtype

**Discover the Charm of East Los Angeles: A Vibrant Community with Mixed-Use Living**

Welcome to East Los Angeles (ELA), a dynamic and culturally rich community nestled in the heart of Los Angeles County, California. Known for its vibrant neighborhoods, ELA boasts a unique blend of residential and commercial spaces, making it an ideal locale for those seeking the perfect balance between home and work. With its convenient access to major highways and public transit, East Los Angeles is not only a hub of activity but also a gateway to the greater Los Angeles area.

One of the most exciting features of ELA is its diverse housing options, particularly homes with a mixed-use subtype. These properties provide an exceptional opportunity for homeowners and entrepreneurs alike, allowing residents to live and work in a single space. Imagine waking up in a beautifully designed apartment above your own café or boutique, fostering a sense of community while enjoying the convenience of having your business just steps away.

The charm of East Los Angeles lies in its rich history and cultural tapestry. From the lively murals that adorn the streets to the delicious array of eateries offering authentic cuisine, the area is alive with creativity and spirit. The community hosts various events throughout the year, celebrating its heritage and bringing neighbors together.

Whether you're looking to invest in a mixed-use property or simply want to explore the vibrant lifestyle ELA has to offer, this region promises a unique living experience. Embrace the opportunity to become part of a community that values both entrepreneurship and the joys of home. East Los Angeles is more than just a place to live; it's a place to thrive!

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.