405 S Boyle AVE Active

Los Angeles,CA 90033

$ 3800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB25044449

HOA Y/N No

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.
*Four of the units will be delivered vacant at close of escrow*

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning C2

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Sloped Down,Garden,Rectangular Lot

Story 2

Water Public

Others

Tax ID 5174002013

Special Listing Condition Standard

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