East Los Angeles (ELA) Homes with Apartment 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 deep-rooted heritage and diverse population, ELA offers a unique blend of urban living and suburban charm. This dynamic neighborhood is characterized by its colorful murals, bustling markets, and a variety of local eateries that showcase the flavors of Latin American cuisine.

East Los Angeles is not just a place to live; it’s a lifestyle. With its proximity to downtown Los Angeles, residents enjoy easy access to a plethora of entertainment, shopping, and dining options. The area is well-connected via public transportation, making it a convenient choice for commuters and those looking to explore the vibrant city life.

For those considering a home in East Los Angeles, the real estate market features an array of options, particularly homes with an apartment subtype. These properties are ideal for multi-generational families or those seeking additional rental income. Often featuring spacious layouts, these homes provide the perfect balance of comfort and functionality. Imagine living in a charming residence while having the opportunity to host family or generate extra income from renting out the apartment unit.

With its rich cultural tapestry, abundant amenities, and a variety of housing options, East Los Angeles is not just a place to call home; it’s a place to thrive. Whether you’re drawn to the lively atmosphere or the potential of investment properties, ELA is a community that welcomes you with open arms. Discover your perfect home in East Los Angeles today!

Newest East Los Angeles (ELA) Homes with Apartment Subtype

$2,350,000

WS26128234 MLS ⋅ Active Status

708 Burger Ave presents an excellent opportunity to acquire an eight-unit apartment building in East Los Angeles. This well-kept asset offers reliable income and future growth potential in a high-demand rental market. The property benefits from additional parking income with four rented spaces and strong tenant demand due to its central location near amenities and transportation. With an estimated 5.87% cap rate and 12.44 GRM, this property provides a balanced investment with both cash flow and upside. A low-maintenance building suitable for investors looking to expand their portfolio in a proven rental area.

708 Burger Avenue, East Los Angeles

$1,085,000

SR25244494 MLS ⋅ Active Status

Exceptional investment opportunity in Boyle Heights! This 5-unit multifamily property features a desirable mix of units, including one spacious 4-bedroom, 2-bathroom unit, along with four 1-bedroom, 1-bathroom units. The property sits on a generous lot and offers a strong rental upside with a current cap rate of 8.21%, making it an attractive option for both seasoned investors and those looking to expand their portfolio. Conveniently located near Downtown Los Angeles, the Arts District, major freeways, schools, parks, and neighborhood amenities, this property benefits from consistent rental demand and excellent potential for both cash flow and long-term appreciation.

716 Echandia Street, 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.