405 s boyle
$3,499,999
Los Angeles, CA 90033
| 10,469 SQFT
The subject property is a "mixed use" investment compromised of a 16 unit multi-family apartment building (built in 1961) and a seperate 3 unit retail building located at the heavily traveled signalized intersection of 4th St and Boyle Ave. The property is located in Boyle Heights just across the 101 freeway from Downtown L.A. and part of the East Los Angeles Enterprise Zone. An Overlay Mixed Use Neighborhood Community Plan encompasses the C2 lot property. Strong rental market. Most Units are singles, one unit is a 1bed/1bath, and one unit is a 3 bed/2bath. Well maintaiend by the same family who owns and built the residential units. The structures have been Earthquake Retroffited (June 2023). The Seller will entertain offers with "seller carry back" financing. *Unit info does not inlcude billboard income*
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