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$3,800,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
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*
*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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Listed by JACK HADJINIAN CENTURY 21 REALTY MASTERS JACK@JACKHADJINIAN.COM
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