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 community nestled in the heart of Los Angeles County, California. Known for its rich cultural heritage and diverse population, ELA offers a unique blend of urban living and suburban charm. The region boasts a colorful tapestry of art, music, and culinary delights, making it a lively place to call home. With its close proximity to downtown Los Angeles, residents enjoy easy access to the bustling city life while relishing the warmth of a close-knit community.

One of the standout features of East Los Angeles is its array of homes with a mixed-use subtype. These properties are perfect for those seeking a dynamic lifestyle, offering the opportunity to blend residential and commercial spaces seamlessly. Imagine living above your own café or boutique, where the vibrant energy of the neighborhood is just a staircase away. Mixed-use homes provide not only a unique living experience but also the potential for additional income, making them an attractive option for savvy investors and entrepreneurs alike.

The architectural styles in ELA are as diverse as its residents, ranging from charming bungalows to modern townhomes, all reflecting the area's eclectic spirit. With a strong emphasis on community, East Los Angeles hosts numerous events and festivals throughout the year, celebrating its cultural roots and fostering connections among neighbors.

Whether you’re a first-time homebuyer, an investor, or someone looking to embrace the lively atmosphere of East Los Angeles, the mixed-use homes here offer a wonderful opportunity to create a life filled with convenience, creativity, and community. Explore the possibilities today and discover your perfect slice of ELA!

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.