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 within the heart of Los Angeles County, California. Known for its rich cultural heritage and dynamic atmosphere, ELA offers a unique blend of urban living and suburban charm. With its convenient access to downtown Los Angeles and a multitude of amenities, this region is perfect for those seeking both excitement and tranquility.

East Los Angeles is a tapestry of diverse neighborhoods, each brimming with character and community spirit. Here, you’ll find an array of dining options from authentic Mexican eateries to trendy cafes, along with lively markets and local shops that reflect the area’s cultural richness. Parks and recreational areas provide ample opportunities for outdoor activities, making ELA an ideal place for families and individuals alike.

One of the standout features of East Los Angeles is its unique housing market, particularly the homes with a Mixed Use subtype. These properties are perfect for entrepreneurs and creatives looking to blend their living space with a business environment. Imagine waking up in your stylish loft and stepping downstairs to your very own café or boutique. This innovative approach to living and working allows for a seamless lifestyle, fostering both personal and professional growth.

Whether you’re drawn to the bustling streets or the close-knit community feel, East Los Angeles offers a wealth of opportunities for homebuyers. With its mixed-use properties, you can enjoy the convenience of urban living while creating a space that reflects your lifestyle. Discover the charm of ELA and explore the possibilities that await in this vibrant neighborhood!

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.