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$825,000
DW26130595 MLS ⋅ Active Status
Welcome to 1008 S Herbert Ave – a rare opportunity to own two detached homes on one lot! The front home features 3 bedrooms, 1 bathroom, an inviting open-concept living and dining area, updated flooring, granite countertops, and abundant natural light throughout. The detached rear unit offers 1 bedroom and 1 bathroom, creating excellent flexibility for rental income, extended family, guests, or a home office setup. Situated on a spacious lot, the property offers a long gated driveway, covered carport, additional parking, private outdoor space, and separate access to each residence. Conveniently located near schools, shopping, dining, public transportation, and major commuter routes. Whether you’re looking to live in one unit and rent the other or expand your investment portfolio, this versatile duplex is full of potential. Don’t miss this unique Los Angeles income property opportunity!

1008 S Herbert Ave, Los Angeles
$1,250,000
PW26012751 MLS ⋅ Active Status
FULLY OCCUPIED MULTIPLE TENANT BUILDING (Over 11% CAP RATE). 701 N. Fickett St presents a compelling mixed-use value-add opportunity in the rapidly evolving Boyle Heights submarket. This corner-lot asset with alley access features two buildings totaling approximately 5,930 SF on a 6,950 SF lot and is zoned LAC1, allowing for flexible commercial and residential use. THERE IS A NEW ELECTRIC PANEL AND ELECTRIC METER IN THE RESIDENTIAL BUILDING. The property includes a two-story residential building with a mix of traditional units and Single-Room Occupancy (SRO) accommodations, along with a separate one-story commercial building currently occupied by a market/liquor store, providing stable retail income. Investors and developers benefit from strong in-place cash flow, rental upside through renovation and operational improvements, and long-term redevelopment or repositioning potential. Ideally located minutes from Downtown LA, USC Medical Center, major freeways, and public transit, this asset is well-positioned for workforce housing demand and urban infill growth. Offered As-Is, occupied. Buyer to verify all information.

701 N Fickett, Los Angeles

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.