$1,400,000
701 Fickett Street, Los Angeles 90033
12
Beds
4
Baths
6,948
Lot Size
11
# Of Units
Listing Agent
Nathan Gruber - The Group Realty, Inc.Opportunity for mixed-use housing and retail in the Boyle Heights neighborhood. The property consists of two buildings on the same lot. Building one is a residential, two-story building and includes: (2) one-bedroom apartments and (1) two-bedroom apartment, (7) one-room occupancy units with two shared bathrooms and one shared kitchen. Building two is a one-story building that is currently leased to a market/liquor store. It is nicely located on a corner lot with access from an alley. With the current Boyle Heights development plan underway, this is a value-ad opportunity that offers a strong cap rate based on current rental income. The property is conveniently located with quick access to freeways, downtown and a mile to USC Medical Center.
Facts & Features
| MLS® # | OC24045869 |
|---|---|
| Price | $1,400,000 |
| Bedrooms | 12 |
| Bathrooms | 4.00 |
| Lot Size | 6,948 |
| Year Built | 1910 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 11 |
Community Information
| Address | 701 Fickett Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Parking | Paved, Private |
|---|---|
| Garages | Paved, Private |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Cooling | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | 11-15 Units/Acre |
|---|
Additional Information
| Date Listed | March 13th, 2024 |
|---|---|
| Days on Market | 52 |
| Zoning | LAC1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Nathan Gruber |
|---|---|
| Office | The Group Realty, Inc. |