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 culturally rich community nestled in the heart of Los Angeles County, California. Known for its dynamic blend of cultures, ELA offers residents a unique lifestyle that celebrates diversity, creativity, and community spirit. With its convenient location just a stone's throw from downtown Los Angeles, residents enjoy easy access to a myriad of amenities, including trendy shops, delectable eateries, and lively entertainment options.

One of the most appealing aspects of ELA is the availability of homes with a mixed-use subtype. These properties are perfect for those looking to blend residential living with commercial opportunities. Imagine living in a beautifully designed space that also allows you to run your own business right from your doorstep! Whether you envision a cozy café, a boutique shop, or a creative studio, mixed-use homes provide the flexibility to turn your entrepreneurial dreams into reality.

In addition to the practical benefits, mixed-use properties in ELA foster a sense of community, encouraging interaction among residents and local businesses. As you stroll through the neighborhood, you’ll find charming streets lined with artisan shops, vibrant murals, and community parks that invite you to connect with your surroundings.

With a rich historical backdrop and a promising future, East Los Angeles is more than just a place to live; it’s a lifestyle. Whether you’re a first-time homebuyer or an experienced investor, ELA’s mixed-use homes offer an exciting opportunity to be part of this thriving community. Embrace the fusion of home and business, and discover the endless possibilities that await you in East Los Angeles!

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.