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 dynamic blend of tradition and modernity, ELA offers residents a unique lifestyle characterized by diverse neighborhoods, a strong sense of community, and an array of amenities. With its proximity to downtown Los Angeles, ELA is an ideal location for those who want to enjoy the bustling city life while still feeling connected to a close-knit community.

One of the standout features of East Los Angeles is its variety of housing options, particularly homes with a mixed-use subtype. These properties are perfect for entrepreneurs and creatives looking to blend their living and working spaces seamlessly. Imagine waking up in a beautiful, spacious home and having the convenience of running your business just steps away. Whether it’s a cozy café, an artistic studio, or a boutique shop, mixed-use homes provide the flexibility to thrive in both personal and professional realms.

The charm of ELA extends beyond its homes. The region boasts an eclectic mix of restaurants, shops, and cultural landmarks that reflect the rich heritage of its residents. From vibrant street art to community events, East Los Angeles is a place where creativity flourishes and connections are made.

If you’re considering a move to this dynamic area, you’ll find that East Los Angeles offers not just a place to live, but a lifestyle filled with opportunity, culture, and community spirit. Explore the homes with mixed-use subtype and discover how you can make ELA your new home.

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.