An incredible investment opportunity awaits you in the heart of Boyle Heights! This offering comprises 16 units and 3 retail spaces, providing a panoramic view of Downtown Los Angeles and the iconic 6th Street Bridge. The structures, encompassing a total of 10,469 square feet, are strategically positioned on approximately 18,736 square feet of land. Conveniently situated at the corner of 4th Street and Boyle Avenue, the property boasts high visibility.Of the 16 units, 15 feature a 1 bed/1 bath configuration, while one unit stands out with 3 beds/2 baths. Notably, the City of Los Angeles has completed earthquake retrofitting on the property as of June 20, 2023.This prime location offers more than just physical appeal; it's a strategic investment for those seeking entry into the commercial real estate market and development. The property's accessibility is enhanced by its proximity to major freeways, including I-5, I-10, 101, and 60, making it a highly desirable asset. Don't miss out on this golden opportunity to own a piece of Boyle Heights' thriving real estate landscape!
WS24044585
Retail, Mixed Use, Business Opportunities, 2 Story
Los Angeles
1928
0.4301
Acres
Public
2
Shingle
10,469
Sq. Ft.
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
2 Total
Detailed Room Information
- Laundry
- Common Area,Laundry Room
Interior Features
- Appliances
- Dryer,Washer
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Security
- Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Exterior
- Shingle
- Zoning
- LAC2
- Fence
- Chain Link,Electric
- Additional Exterior/Lot Features
- 16-20 Units/Acre,Corner Lot,Near Public Transit.
Community Features
- Security Features
- Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Financial Considerations
5174002013
Cash, Cash to New Loan, Conventional, 1031 Exchange
Loading...