$3,800,000
405 Boyle Avenue, Los Angeles 90033
18,736
Lot Size
Listing Agent
Jack Hadjinian - CENTURY 21 REALTY MASTERSThe subject is a "mixed use" income property comprised of a 16 unit multi-family apartment building and a separate 3 unit retail building. The property is located at the corner of a signalized intersection (Boyle and East 4th St) in the heart of Boyle Heights and adjacent to Downtown L.A. The two buildings sit on a large C2 lot located in the East Los Angeles Enterprise Zone with an Overlay Mixed Use Neighborhood Community Plan. Several of the units enjoy an incredible view of Downtown L.A. and the 6th Street Bridge. Most of the units are singles, one unit is 1 bed/1 bath, and one unit is a 3 bed/2 bath. The property has been owned by the same family that built the residential units and have maintained it well with several upgrades. The property has been Earthquake Retrofitted back in June 2023. Seller carryback financing is an option. *Four of the units will be delivered vacant at close of escrow*
Facts & Features
| MLS® # | MB25044449 |
|---|---|
| Price | $3,800,000 |
| Bathrooms | 0.00 |
| Lot Size | 18,736 |
| Year Built | 1928 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 19 |
Community Information
| Address | 405 Boyle Avenue |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Sloped Down, Garden, Rectangular Lot |
|---|
Additional Information
| Date Listed | February 18th, 2025 |
|---|---|
| Days on Market | 55 |
| Zoning | C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jack Hadjinian |
|---|---|
| Office | CENTURY 21 REALTY MASTERS |