Mixed Used - Multifamily/Retail investment - Development Opportunity

405 S Boyle Ave Los Angeles, CA 90033

405 S Boyle Ave, Los Angeles, CA, 90033
405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033 405 S Boyle Ave, Los Angeles, CA, 90033
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jul 02, 2024

Daily Email Blast
0 times


Highlights

  • - 10,469 SF low-rise building
  • - 19 units for multifamily/retail investment
  • - Built in 1928 with historic charm
  • - Zoned LAC2 for versatile use
  • - Prime location in East Los Angeles
  • - Fully occupied with 100% occupancy
  • - Two separate structures
  • - 16 Unit multifamily of approximately 6,869 sq ft.
  • - 3 Unit retail store front of approximately 3,600 sq ft.
  • - Strong investment potential in thriving market

Description

Presenting an exceptional investment opportunity in the heart of East Los Angeles, this multifamily property boasts a 10,469 SF, 19-unit building with a timeless 1928 architectural design. Zoned LAC2 and enjoying full occupancy, this meticulously maintained property offers a seamless blend of historical charm and modern convenience. Each unit exemplifies thoughtful design and comfort, providing residents with an inviting place to call home. With its prime location in the dynamic East Los Angeles area, this property represents a lucrative prospect for investors seeking a stable, income-generating asset in a thriving market.

Discover the vibrant East Los Angeles market surrounding this exceptional property. Situated within a thriving commercial hub, this prime location offers easy access to renowned cultural institutions like the USC Health Sciences Campus and the Los Angeles State Historic Park. With a diverse array of dining, shopping, and entertainment destinations nearby, this area is an ideal choice for investors seeking to capitalize on the dynamic growth of the East Los Angeles market. Boasting a rich tapestry of businesses, educational institutions, and cultural attractions, this thriving neighborhood presents an unparalleled opportunity for office building investors to establish a prominent presence in this burgeoning community.


Year Built: 1928
Building Size: 10468sq ft
Building Class: B
Lot Size: 0.43 acres

Map of 405 S Boyle Ave, Los Angeles, CA, 90033

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.