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 neighborhood nestled in the heart of Los Angeles County, California. Known for its diverse community and rich history, ELA offers a unique blend of urban living and suburban charm. With a variety of amenities, parks, and local eateries, this dynamic region is perfect for families, young professionals, and anyone seeking a lively atmosphere just minutes from downtown LA.

One of the standout features of East Los Angeles is its mixed-use residential options. Homes with a mixed-use subtype provide an exceptional opportunity for residents to enjoy the best of both worlds: live and work in the same space. These properties often combine residential living with commercial spaces, allowing entrepreneurs and small business owners to thrive right at home. Imagine waking up in a stylish apartment above your own café, boutique, or office – the convenience and lifestyle this offers is unmatched.

The mixed-use homes in ELA are designed with modern living in mind, featuring open layouts, contemporary finishes, and proximity to essential services and public transportation. This innovative approach to real estate not only fosters community engagement but also supports local businesses, making ELA a hub of creativity and commerce.

Whether you're looking to invest in a mixed-use property or simply want to explore the rich tapestry of East Los Angeles, this neighborhood invites you to experience its unique energy and endless possibilities. Discover your dream home in ELA today, where culture, community, and convenience converge!

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.