1605 E 1st St is a fully renovated turnkey creative office/art studio space in Downtown LA. The building offers a generous building-to-land ratio for DTLA standards, 3,698 square foot building sitting on 6,908 square feet of land. The building underwent a full remodel totaling over $700,000 recently, making it an elegant turnkey space for an Owner User. Its extensive tenant improvement facelift was completed just prior the exponential and dramatic costs of materials. The high-end renovations included: new electrical, plumbing, HVAC, roof, alarm system, skylights, ramp/handrail, electric gate, windows/doors, bathroom and light fixtures, exterior lighting, and a custom kitchen installation. The property features two private offices, a spacious conference room, a ventilated art studio, two bathrooms, storage, a 10'x10' roll up door, and gated parking with a total of seven spaces. With its versatile layout, the subject property is ideal for a wide range of artistic Owner-Users seeking an adaptable workspace.
Masters Realty Eastern Group is excited to bring a truly unique assemblage of properties to the market for sale in the prestigious Los Angeles Boyle Heights. The offering includes a collection of brick- and-mortar unit, structures totaling 12,133 square feet, situated on approximately 17,003 square feet of land. The properties are located on a highly visible street of Cesar Chavez, Across the street a large development unit that was recently completed. Great Developer/Investor Opportunity! - Street Frontage entire front block of commercial property in prime location - 12,133 sqft building, 17,003 sqft land - Great opportunity zoning area with tax benefits - Near Metro station - Supported by the community - Multi-unit with month-to-month leases - located at the heart of Los Angeles I-5, I-10, 101, and 60 freeways providing access - Highly Visible Location This is an excellent investment opportunity for anyone looking to get into the commercial real estate market and development. The property is located in a prime location with great visibility and access to transportation. The zoning was recently changed to opportunity zoning to support the community and help developers revitalize the area. The tax benefits are great and allow for a variety of uses, so you can easily adapt the pro
Great Investment Opportunity to Own 10 units in a very desirable area of Boyle Heights. 2 blocks to the Soto St Metro Train station. Very gentrified area. 5-10 minute drive to Downtown LA. Close to Shopping and Transportation. Easy to manage.
Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility. Comprising three retail spacesa market, a beauty salon, and a charming eateryalongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chanc
Building currently used as a Place of Worship, this building is filled with intricate architectural design. Exterior has been given an updated look. Inside is a opera theater style worship sanctuary with first level and second level balcony seats and high ceilings. Adjacent to the main sanctuary is the Multi-purpose Fellowship Hall with 2 roll up walls connecting to the main stage to fit more audience for occasion's overflow. The facility also offers many rooms for administrative offices and a few larger size room for bigger classroom style settings and several other smaller size rooms for different uses. There is a child care area, and several (4) bathrooms to accommodate a busy setting. The property is also equipped with a fully functional remodeled kitchen. Zimas states zoning is LARD2-1-CUGU.
Boyle Heights. Do not loose the opportunity to invest in a property of this kind 6 units with 3 upgraded move in condition vacant yes vacant 3 bedroom 2 bathrooms inside laundry Air Conditioner, 2 bedrooms 1 bath split level AC and 1 bedroom 1 bath split level AC ready to be rented or offered as AirBnBjust for maximum income potential only a few steps from the Metro station and public Bus transaportation. Two of the 3 remaining tenants are open for a cash for keys agreement.
We are pleased to present 2500 E 1st St, a mixed-use property situated in the heart of the culturally rich Boyle Heights district, renowned for its diverse community and bustling atmosphere. Built in 1964, the 8,578 square foot property features a standalone corner retail unit complemented by an 8-unit apartment complex at the rear. The apartment consists of three (3) 1-bedroom and five (5) 2-bedroom units. With current rents offering significant room for growth, savvy investors can capitalize on a approximately 62% upside potential in rental income as units become vacant. Spanning across 8,641 square feet of land, the property is commercially zoned with a tier 4 TOC bonus, permitting the development of 40 units or more through ED-1, further enhancing its investment appeal. Strategically positioned just one block away from the E Line Soto Station & adjacent Los Lirios Apartments which boasts 2,400 square feet of ground-floor commercial space, this property offers unparalleled convenience and accessibility. Furthermore, with a brand-new four-story, 51-unit affordable housing complex scheduled for construction on the same block as the subject property, the area is experiencing a surge in development activity, underscoring its status as a burgeoning investment hotspot. With its prox
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!
21,400 SF. of Commercial Land, located 500 FT from Gold Line Metro Station. It consists of 2 different parcel numbers 5183-010-006 and 5183-010-005 . Can build 130 units of low income or any other commercial projects. There are 8 units with one unit vacant. Gross income of 75,000 per annum.
***Mixed Use Property*** Residential/Commercial***Consisting of a Single Family House 806 square feet with 2~Bedrooms and 1~ Bath. Plus Two Commercial/Retail Stores in the Front 1,592 square feet on 4th Street. ***The Single family house in the back is in Good condition, includes a spacious kitchen with a separate living room, a formal dining rooms and 2 bedrooms plus 1 bathroom, Includes outside laundry connections. ***The property in the front is a Commercial building with two retail shops or 2 storefronts. This property hs "fire damage".Owner has the Permits to Re-Build included "Readty to Issue. Approved Permits to be sold with the Property.. The Commercial store front has the orginal building structure, the interior of the building has the wood structure and will need to be Restored. The utilties and structure are there but will need to be re-constructed to make it usable again. Perfect for a contractor,builder or Developer looking to remodel the front building. The location is nearby by the "Art District" in between Boyle Heights and Downtown near the famous "Sixth Street Bridge" with many new shops in the area. Property has potential, a Diamond in the Rough!!!
Two Adjacent Lots in the middle of Boyle Heights Corner of First St and Mott, one block east of First and Soto.Lot One consist of a Duplex 2 Bedrooms one Bath and a I Bedroom 1 Bath. Lot Two consists of a Commercial Building at the Corner of First and Mott attached to a Triplex. Great Opportunity to own income property and a great piece of Land for future development .
Six Figure Producing Business for Sale! In Prime location of City Terrace minutes from major freeways and DTLA. All Equipment, Contracts, licenses (Beer and Wine / Tabacco), Merchandise to be included in sale. Recently remodeled and upgraded cooling system for all product. Newly installed security protective glass and security door. Business is generating $40,000 a month and still climbing for added potential. Rent is $2,000 a month with a 10 year contract. This is an amazing opportunity for any owner operator who wants to generate a 5 figure salary.
Introducing 2233 Riverdale Avenue - a prime 8-unit multifamily investment opportunity in the heart of Los Angeles! Nestled in Frogtown, around the corner from Silver Lake, this remarkable building is poised to deliver immediate returns for the savvy investor. The property has undergone a comprehensive renovation (including new electrical systems, plumbing, and roof) and now offers the perfect blend of modern comfort and unmatched location. Each of the eight units offers an inviting and comfortable living space, appealing to a wide range of tenants. The thoughtfully designed floor plans provide an efficient use of space for residents to relax and unwind. The modern finishes incorporated into each unit contribute to an elevated living experience, ensuring high tenant satisfaction and long-term occupancy. Additionally, the property features desirable amenities like secure gated entry and parking, central air conditioning, in-unit laundry, and an electric vehicle charger, further enhancing its appeal and marketability. With an incoming cap rate of nearly 5% and low operating costs bolstered by the recent renovations, buyers can enjoy peace of mind and steady revenue generated by this extremely low-maintenance building. Moreover, with an impending approval for a Tenancy in Common (TIC
Long term lease signed with National Tenant for a long term lease starting at $4,000 a month gross modified with escalations. Tenant plans to rebuild building and subdivide it into two tenancies. Potential for billboard advertising on busy street corner. Additional information provided with a submitted offer. Listing photo is a proposed rendering of the renovated space. All sales must be approved by the Court.
We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity.
This property has 3 addresses; 2 retail spaces upfront and a 2 bedroom, 1 bath home in the rear. There are three long term tenants on month to month rental agreements. 3113 is a retail space upfront and a 1/2 bathroom. 3115 is another retail space upfront and a 1/2 bathroom. 3117 is a 2 bedroom, 1 bathroom home in the rear. There is a living room and a den that is being used as a 3rd bedroom. Additionally, there is a detached 1 car garage along with a small yard. The property is zoned C4 according to the tax assessors office. Buyer(s) to check and verify with the city of Los Angeles for unit square feet, lot size, zoning, permits and potential allowable uses. All measurements are approximately and are derived from the tax assessors records. *The seller reserves the right to offer this property sale subject to a 1031 Tax Deferred Exchange at no cost to the buyer. The property owner is a California licensed real estate agent and is related to the listing agent.
Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These uni
Incredible and rare opportunity to acquire income property in a highly sought-after neighborhood. Cypress Park, named one of LA's hottest real estate neighborhoods by The LA Times and LA Weekly. Every unit within this five-unit property has its unique style and character. The front 2-bedroom, 1-bath home is spacious, quaint, and offers a sense of privacy. Surrounded by manicured gardens and separate fencing, it creates a tranquil and independent residence. The remaining four units consist of two separate duplexes, all featuring one-bedroom, one-bath units. Every unit is comfortable and comes with its own front porch and rear access. Step outside to find cozy sitting areas and shady trees with paths that lead you around the property. All units are well-maintained, providing residents with a clean and functional living experience. Each unit is also individually metered for gas and electricity, ensuring efficiency in operating costs. The generously sized lot of 10,401 sq ft offers countless possibilities for developers or investors focused on long-term returns. The backyard includes a detached outbuilding that could be converted into additional living space, presenting great potential to increase the property's value (Buyer to verify with the City of LABS for feasibility). These uni
Excellent business opportunity in a well commercial area. It consists of two structures. This property is conveniently located close to the 10 and 710 freeways, downtown Los Angeles and the metro. It offers great potential for rentals.
"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.
CBRE is pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.
Presenting an amazing opportunity to purchase a turn key coliving or short term rental property featuring twenty seven bedrooms in the highly desirable area of Echo Park. This new construction project consists of a brand new four unit apartment building with five bedrooms and three and a half baths each in addition to a completely remodeled unit in the rear that has its own seven bedrooms. A semi below grade garage level also offers ample storage and the option for additional income from parking. Designed with efficiency and comfort in mind, each unit maximizes space and livability while also taking into account operator logistics such as cleaning closets, IT, and ample storage. Tenants will enjoy floor to ceiling windows, plenty of natural light, and modern curated finishes. Half of the units have access to a common area roof deck with sweeping views from DTLA to Hollywood, and amenities abound nearby. Dodgers Stadium is within walking distance, and coffee shops as well as the most popular restaurants are all within reach. Situated right in the midst of this thriving locale with an exceptionally strong rental market, do not miss this chance to purchase a turnkey building ready to generate income on day one.
