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 community nestled in the heart of Los Angeles County, California. Known for its rich cultural heritage and diverse population, ELA is a dynamic area that offers a unique blend of residential and commercial opportunities, making it a prime location for those seeking homes with a mixed-use subtype.

East Los Angeles is characterized by its lively neighborhoods, where the spirit of community thrives. With a variety of local shops, restaurants, and cultural landmarks, residents enjoy a lifestyle that is both convenient and engaging. The area is well-connected to downtown Los Angeles and surrounding regions, providing easy access to all the amenities the city has to offer while maintaining its distinct identity.

Homes in East Los Angeles with a mixed-use subtype present an exciting opportunity for homeowners and investors alike. These properties are designed to accommodate both residential living and commercial endeavors, allowing you to live where you work or create a unique space that reflects your entrepreneurial spirit. Imagine waking up in your charming apartment and stepping downstairs to your very own café or boutique—this is the lifestyle that mixed-use properties in ELA can offer.

The demand for mixed-use homes is increasing, driven by the desire for convenience and community engagement. Whether you’re looking to invest in a property that provides rental income or seeking a home that fosters creativity and connection, East Los Angeles is the perfect place to explore your options. Embrace the vibrant culture, diverse community, and endless possibilities that await you in ELA!

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.