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 dynamic blend of tradition and modernity, ELA is a hub of diversity, offering residents an authentic taste of Southern Californian life. With its lively streets filled with shops, restaurants, and community events, ELA is a place where culture thrives and neighbors become friends.

One of the standout features of East Los Angeles is its unique housing options, particularly homes with a mixed-use subtype. These properties seamlessly blend residential and commercial spaces, providing homeowners with the flexibility to live and work in the same vibrant community. Imagine waking up in your charming home and stepping into your own café or boutique just a few steps away. This innovative living arrangement supports a lifestyle that is not only convenient but also fosters a strong sense of community.

The mixed-use homes in ELA cater to a variety of lifestyles, whether you’re an entrepreneur looking to establish your business or a family seeking a cozy place to call home. With easy access to public transportation, major highways, and a plethora of local amenities, these properties offer the perfect balance of comfort and accessibility.

In East Los Angeles, every day is an opportunity to explore the rich cultural tapestry that defines the area. From local art galleries to bustling markets, ELA is a neighborhood that invites you to experience life to the fullest. Discover the charm and potential of East Los Angeles, where your dream home and business await!

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.