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 diverse region located in the heart of California, specifically in Los Angeles County. Known for its rich cultural heritage and bustling atmosphere, ELA offers a unique blend of urban living and community charm.

One of the standout features of real estate in East Los Angeles is the prevalence of homes with a Mixed-Use subtype. These properties seamlessly combine residential and commercial spaces, providing residents with the convenience of living and working in the same location. Whether you're looking to set up a home office, start a small business, or simply enjoy the flexibility of a mixed-use property, ELA has a variety of options to suit your needs.

Living in East Los Angeles means being part of a dynamic community with a strong sense of identity and history. From vibrant street markets and authentic eateries to cultural events and local landmarks, there's always something to explore and experience in ELA. With easy access to amenities, transportation, and entertainment, residents enjoy a well-rounded lifestyle that perfectly blends work and leisure.

If you're looking for a home that offers both residential comfort and commercial potential, consider exploring the diverse range of properties with a Mixed-Use subtype in East Los Angeles. Experience the best of both worlds in this dynamic and inviting region, where every street tells a story and every corner is filled with possibilities.

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.