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*
Property Details
Price:
$3,800,000
MLS #:
MB25044449
Status:
Active
Baths:
0
Address:
405 S Boyle Avenue
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
90033
Year Built:
1928
Schools
Interior
Exterior
Stories Total
2
Water Source
Public
Financial
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Courtesy of CENTURY 21 REALTY MASTERS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 405 S Boyle Avenue
Los Angeles, CA
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