Los Angeles, CA 90033 405 S Boyle Avenue

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Presented By: MICHELLE SHIMOHARA with EXP REALTY; 626-710-6760
  • MLS# WS24044585
  • 03/07/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 10,469

Home Details

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!
Presented By: MICHELLE SHIMOHARA with EXP REALTY; 626-710-6760

Interior Features for 405 S Boyle Avenue

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea, LaundryRoom
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 405 S Boyle Avenue

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRetail
Carport Y/NNo
CityLos Angeles
Construction MaterialsShingleSiding
CoolingNone
CountyLos Angeles
Current FinancingNone
Days on Market53
DirectionsCross Streets: 4th and Boyle Avenue
ElectricElectricityOnProperty
Garage Y/NNo
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense14220.96
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Lot Size Square Feet18736.0
MLS AreaBOYH - Boyle Heights
MaintenanceExpense3110.0
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased16
Occupancy TypeTenant
Other StructuresLivingQuarters
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SecurityGate, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameBoyle
Total Units16
Trash Expense6976.69
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense14663.88
Waterfront Y/NNo
Year Built1928
Year Built SourceAssessor
ZoningLAC2

Exterior for 405 S Boyle Avenue

Building Area Total10469.0
Crops Included Y/NNo
FencingChainLink, Electric
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem1620UnitsAcre, CornerLot, NearPublicTransit
Lot Size Acres0.4301
Lot Size Area18736.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $5,000,000
MLS#WS24044585
List Date 03/07/2024
Property Type Commercial
Phone 714.964.3311
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