Listing provided courtesy of JACK HADJINIAN of CENTURY 21 REALTY MASTERS. Last updated 2025-04-22 08:34:49.000000. Listing information © 2024 Sandicor.
Asking Price: $3,800,000 |
405 Boyle, Los Angeles CA 90033
Community: BOYH - Boyle Heights
This Mixed Use property was built in 1928 and is priced at $3,800,000. Please see the additional details below.
The 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*