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Listed by JACK HADJINIAN • CENTURY 21 REALTY MASTERS
$ 3,799,000
Est. payment /mo
Active
405 S Boyle AVE Los Angeles, CA 90033
0.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB25187229
Year Built 1928
Lot Size 0.430 Acres
Source California Regional MLS
Property Description
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*
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Laundry Washer/Dryer - Owned, Community Facility
Exterior
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 5174002013
Special Listing Condition Not Applicable
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