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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*
Nestled in the heart of Boyle Heights, this charming home offers a perfect blend of historic character and modern convenience. Featuring [12] bedrooms and [6] bathrooms, and Store with additional restroom. The property boasts a spacious layout, abundant community shopping and recreational areas. A fantastic opportunity for homeowners or investors looking for a prime location near Downtown LA. Don't miss out on this incredible property! Property sold as is. Thank you.
1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.
Mixed Use Opportunity! This property presents a Prime Opportunity to complete a 1031 Exchange with potential for both Investors and Owner-User seeking a Live/Work setup. This Property offers a versatile mix of space, Prime Retail Space Storfront, Two Residential Units, and a Warehouse/Storage. Secured parking in rear. Across the street from Gold Line subway station, close to Downtown LA, Art District. Potential redevelopment as property is zoned TOC Tier 4 for maximum density bonus. Buyer to verify with city of LA Planning department.
Outstanding investment opportunity in the heart of Boyle Heights! This well-maintained 8-unit apartment building, built in 1948, boasts strong current income and significant value-add potential. All 2-bedroom, 1-bathroom units average 754 SF with potential to increase income to market rent. Additionally, a feasibility study and preliminary architectural plans for 2 additional ADU's have been performed, allowing for a total of 10 units. These are new construction units proposed to be ADUs over the parking area and simultaneously satisfy retrofit requirements. Perched on a 9,293 SF lot, this property enjoys hillside views, extensive parking provided by 22 spaces, and a strategic location ideal for families. This property is a rare opportunity to capitalize on the strong Boyle Heights rental market and achieve robust long-term returns.
Opportunity Awaits !!! Don't miss out on this chance and own a piece of potential future investment. This Prime Property Boast a generous 3,236. Sqft. Property is well position for any type of investor to take advantage of continued appreciation for years to come. Corner lot between Lancaster Ave. and Ricardo St. also alley access in rear. Located in less than a block away from FWY 60 E, 10 E, 710 S. Providing conveniently access to public transportation. It's an exceptional way in the thriving of East LA. Real estate Market. Exciting investment opportunity in East LA Area. Some additional little upgrades, presents a fantastic chance for investor to add value and maximize in returns. It's a great way to enter or add to your portfolio in an emerging area. Over the last 5 years, it has been seen a new number of new units were built within a few blocks of the site, it's closed to USC Building across the street and even more beyond that immediate area. East LA. has transformed swiftly from working-class businesses to trendy Hotspots. Priced competitively. Don't miss out this 7 remarkable 7-units in one -property. Front 2483 and 2485 have 1 bedrooms and 1 bath side by side. The other 5 units located on Ricardo St. with different address. HERE 'S YOUR CHANCE TO TURN THIS DIAMOND IN THE ROUGH INTO A LUCRATIVE INVESTMENT.
Retail strip in desirable part of Boyle Heights12,133 sqft building on 17,003 sqft corner lotTenants all MTM with significant upsideTOC Tier 3Motivated SellerDevelopment potential - lot spans entire block
This Church property, situated on the corner of S. St Louis St and 2nd St. in the Los Angeles community of Boyle Heights, consists a decent sqft building area and lot. Its building, having a sanctuary as well as a second level balcony both with fixed seats and having a multi-purpose fellowship hall with a functional kitchen and 4 restrooms, could easily accommodate a good attendance. It also includes some offices for administrative use and small classrooms for various age groups. The property has easy access to 5 and 101 Freeways.
Building currently used as a Place of Worship, this building is filled with intricate architectural design. Exterior has been givenan updated look. Inside is a opera theater style worship sanctuary with first level and second level balcony seats and highceilings. Adjacent to the main sanctuary is the Multi-purpose Fellowship Hall with 2 roll up walls connecting to the main stageto fit more audience for occasion's overflow. The facility also offers many rooms for administrative offices and a few larger sizeroom for bigger classroom style settings and several other smaller size rooms for different uses. There is a child care area, andseveral (4) bathrooms to accommodate a busy setting. The property is also equipped with a fully functional remodeled kitchen.Zimas states zoning is LARD2-1-CUGU.
Bankruptcy Court Equity Sale. Currently leased out on a NNN lease until July 2025. Tremendous potential for rezoning this property to high density Multi-Family residential and other uses. Large lot of nearly 30,000 square feet. Unique property with a large auditorium and many spaces for flexible uses. Beautiful architecture in harmony with the Boyle Heights look and style. Historic building that exudes the vibe associated with Boyle Heights. City of LA is open to considering zoning and use changes. Multiple potential uses including clubs, lodges, and professional associations. Very private building for those companies or organizations who need privacy to conduct their business.
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