Active
405 S Boyle Avenue
Los Angeles CA, 90033
$5,000,000
$477.60 per sqft
Active
10,469 sqft
Commercial
Built in 1928
Listed by MICHELLE SHIMOHARA with EXP REALTY 888-832-7179
An incredible investment opportunity awaits you in the heart of Boyle Heights! This offering comprises 16 units and 3 retail spaces, providing a panoramic view of Downtown Los Angeles and the iconic 6th Street Bridge. The structures, encompassing a total of 10,469 square feet, are strategically positioned on approximately 18,736 square feet of land. Conveniently situated at the corner of 4th Street and Boyle Avenue, the property boasts high visibility.
Of the 16 units, 15 feature a 1 bed/1 bath configuration, while one unit stands out with 3 beds/2 baths. Notably, the City of Los Angeles has completed earthquake retrofitting on the property as of June 20, 2023.
This prime location offers more than just physical appeal; it's a strategic investment for those seeking entry into the commercial real estate market and development. The property's accessibility is enhanced by its proximity to major freeways, including I-5, I-10, 101, and 60, making it a highly desirable asset. Don't miss out on this golden opportunity to own a piece of Boyle Heights' thriving real estate landscape!
WS24044585
MLSⓇ ID
March 6, 2024
Listed
April 29, 2024
Updated
Map
405 S Boyle Avenue
Los Angeles CA, 90033
Interior Features
Total Stories
2
Appliances
Dryer, Washer
Laundry Description
Common Area, Laundry Room
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.43 Acres
Lot Features
16-20 Units/Acre, Corner Lot, Near Public Transit
Other Property Details
Area Name
BOYH - Boyle Heights
Days on Market
53
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LAC2
Buyer Agency Compensation
2%
Listing Contact: 888-832-7179
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/29/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 4/29/2024 at 10:13 PM UTC