405 S Boyle Avenue Active

Los Angeles,CA 90033

$ 3800000

- Bed

- Bath

10469 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 10,469 sqft

Price per Sqft $362

MLS Listing ID CRMB25044449

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1928

Lot Size 0.430 Acres

Property Sub-Type Mixed Use

Property Description

The subject is a "mixed use" income property comprised of a 16 unit multi-family apartment building and a separate 3 unit retail building. The property is located at the corner of a signalized intersection (Boyle and East 4th St) in the heart of Boyle Heights and adjacent to Downtown L.A. The two buildings sit on a large C2 lot located in the East Los Angeles Enterprise Zone with an Overlay Mixed Use Neighborhood Community Plan. Several of the units enjoy an incredible view of Downtown L.A. and the 6th Street Bridge. Most of the units are singles, one unit is 1 bed/1 bath, and one unit is a 3 bed/2 bath. The property has been owned by the same family that built the residential units and have maintained it well with several upgrades. The property has been Earthquake Retrofitted back in June 2023. Seller carryback financing is an option. *Two of the units can be delivered vacant at close of escrow*

Location

State CA

County Los Angeles

Interior

Fireplace No

Building

Water Public

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