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 within the heart of Los Angeles County, California. Known for its diverse population and dynamic neighborhoods, ELA offers a unique blend of urban living and suburban charm. With its close proximity to downtown Los Angeles, residents enjoy easy access to entertainment, dining, and cultural experiences while maintaining a strong sense of community.

One of the standout features of East Los Angeles is its eclectic array of homes, particularly those with a mixed-use subtype. These properties provide an incredible opportunity for homeowners and entrepreneurs alike, allowing for residential living combined with commercial space. Imagine waking up in your stylish apartment and stepping into your own café or boutique just downstairs! This innovative living arrangement not only maximizes space but also fosters a vibrant local economy, encouraging small businesses to thrive.

The mixed-use homes in ELA are designed to cater to a variety of lifestyles. Whether you’re an artist looking for a studio space, a small business owner eager to establish roots in a bustling neighborhood, or a family seeking a home with proximity to work, these properties offer the perfect solution.

In addition to the convenience of mixed-use living, East Los Angeles is rich in parks, community centers, and cultural landmarks, making it an ideal place for families and individuals. With a strong sense of community spirit, diverse culinary offerings, and a growing arts scene, ELA is not just a place to live but a place to thrive. Discover the charm of East Los Angeles and explore the possibilities that await you in this dynamic region!

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.