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 tradition and modernity, ELA offers residents a unique lifestyle that celebrates its diverse heritage while embracing contemporary living. With its close proximity to downtown Los Angeles, ELA provides easy access to a myriad of entertainment, dining, and shopping options, making it a prime location for both work and play.

One of the standout features of East Los Angeles is its array of homes with a mixed-use subtype. These properties are designed to seamlessly blend residential living with commercial opportunities, allowing homeowners to enjoy the convenience of having shops, cafes, and offices right at their doorstep. This innovative approach to urban living encourages a sense of community and fosters a vibrant neighborhood atmosphere where residents can connect and thrive.

Whether you’re a budding entrepreneur seeking a space to launch your business or a family looking for a home that offers both comfort and accessibility, ELA’s mixed-use properties cater to a variety of lifestyles. Imagine waking up in your cozy apartment, stepping out to grab a coffee from a local café, and heading to your office just a few steps away—all without the hassle of a long commute.

Explore the charm of East Los Angeles, where rich cultural influences meet modern conveniences. Discover the potential of mixed-use homes that not only provide a place to live but also an opportunity to engage with the community and embrace the vibrant spirit of this remarkable region.

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.