East Los Angeles (ELA) Homes with Multi Level Stories

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 lively atmosphere, ELA is a hidden gem that offers an authentic Southern California experience. With its roots deeply embedded in history and tradition, the area boasts a unique blend of modern amenities and classic charm, making it an ideal place for families and individuals alike.

One of the standout features of East Los Angeles is its impressive selection of multi-level story homes. These properties not only provide ample living space but also offer stunning views of the surrounding landscape. Imagine sipping your morning coffee on a balcony that overlooks the bustling city or hosting weekend gatherings in a spacious living area that seamlessly connects to multiple levels. Multi-level homes in ELA are designed to maximize both functionality and style, making them perfect for those who appreciate a dynamic living environment.

The neighborhood is also known for its accessibility, with major freeways and public transportation options nearby, allowing for easy commutes to downtown Los Angeles and beyond. Residents can enjoy a variety of local parks, shops, and eateries that reflect the rich cultural tapestry of the area. From vibrant street art to annual festivals, ELA is alive with community spirit and creativity.

Whether you’re searching for a family home or a chic urban retreat, East Los Angeles offers a unique lifestyle that combines the best of city living with a strong sense of community. Discover the charm of multi-level homes in ELA and embrace a life full of possibilities!

Newest East Los Angeles (ELA) Homes with Multi Level Stories

$2,750,000

18 Beds ⋅ 16 Baths ⋅ 26986177 MLS ⋅ Active Status

We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

943 S Bonnie Beach Place, Los Angeles

$1,775,000

8 Beds ⋅ 11 Baths ⋅ 26872303 MLS ⋅ Active Status

Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.

637 S Mcdonnell Avenue, 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.