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 community nestled in the heart of Los Angeles County, California. Known for its diverse population and a strong sense of community, ELA boasts a unique blend of urban living and suburban charm. This region is characterized by its colorful murals, lively street markets, and a wide array of dining options that celebrate the rich tapestry of Latino culture. With easy access to major highways and public transportation, residents enjoy seamless connectivity to downtown Los Angeles and beyond.

One of the most appealing aspects of ELA is its mixed-use properties, which are increasingly becoming a sought-after choice for homebuyers and investors alike. Homes with a mixed-use subtype in East Los Angeles offer a unique opportunity to combine residential living with commercial convenience. Imagine living in a beautifully designed home while having your favorite café, boutique, or office just steps away! This innovative living arrangement not only maximizes space but also fosters a sense of community and accessibility.

The mixed-use developments in ELA are thoughtfully designed to enhance the lifestyle of residents, featuring modern amenities and inviting communal spaces. Whether you’re looking to start a small business, invest in rental properties, or simply enjoy the convenience of having everything you need at your doorstep, East Los Angeles is the perfect place to call home. With its rich history, cultural vibrancy, and evolving real estate landscape, ELA invites you to explore the possibilities of mixed-use living in this dynamic community.

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.