The subject is a "mixed use" income property comprised of a 16 unit multi-family apartment building (built in 1961) 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 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*
Property Details
Price:
$3,799,000
MLS #:
MB25187229
Status:
Active
Baths:
0
Address:
405 S Boyle Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Feb 18, 2025
State:
CA
ZIP:
90033
Lot Size:
18,736 sqft / 0.43 acres (approx)
Year Built:
1928
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Corner Lot, Level with Street
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address405 S Boyle Avenue Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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405 S Boyle Avenue
Los Angeles, CA
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