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 cultures, ELA offers a unique lifestyle that marries suburban charm with urban convenience. The area is characterized by its colorful murals, lively street markets, and a strong sense of community, making it an ideal place for families and young professionals alike.

One of the standout features of East Los Angeles is its diverse housing options, particularly homes with a mixed-use subtype. These properties provide an exceptional opportunity for those looking to live and work in the same space. Imagine stepping out of your front door and into your café, boutique, or office—all while being just minutes away from the bustling energy of downtown Los Angeles. This mixed-use living arrangement not only fosters a sense of community but also allows for a more sustainable lifestyle, reducing the need for long commutes.

Homes in ELA with mixed-use capabilities are designed to accommodate both residential and commercial needs, offering flexibility for entrepreneurs and creatives. Whether you're looking to start a small business or simply enjoy the convenience of having amenities at your fingertips, these properties cater to a modern lifestyle that values accessibility and community engagement.

With its rich history, cultural significance, and burgeoning real estate market, East Los Angeles is more than just a place to live—it's a vibrant community where opportunities abound. Discover the charm of ELA and explore the potential of mixed-use homes that perfectly blend work and play. Your new adventure awaits!

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.