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 diverse neighborhoods, ELA offers a unique blend of urban living and suburban charm, making it an ideal place for families, young professionals, and entrepreneurs alike.

One of the most appealing aspects of East Los Angeles is its dynamic real estate market, particularly the availability of homes with a mixed-use subtype. These properties are designed to accommodate both residential and commercial spaces, allowing residents to live, work, and thrive in one convenient location. Imagine waking up in your stylish apartment and stepping into your own café or boutique just a few steps away—this is the essence of mixed-use living.

The homes in ELA reflect the area's rich heritage, featuring a variety of architectural styles from traditional bungalows to modern townhouses. The community is known for its strong sense of identity, with vibrant murals, local eateries, and a plethora of cultural events that celebrate the rich Latino heritage of the region. Residents can enjoy easy access to parks, schools, and public transportation, making commuting to downtown Los Angeles a breeze.

With the ongoing revitalization of East Los Angeles, now is the perfect time to explore the opportunities that mixed-use homes offer. Whether you’re looking to invest in a property that combines living and business or simply wish to immerse yourself in this lively community, East Los Angeles is a place where dreams can flourish. Come discover all that ELA has to offer and make it your next 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.