701 N Fickett Street
Los Angeles, CA 90033
0.16 acres | #OC24045869
Description
Opportunity for mixed-use housing and retail in the Boyle Heights neighborhood. The property consists of two buildings on the same lot. Building one is a residential, two-story building and includes: (2) two-bedroom apartments, (1) one-bedroom apartment and (1) unit with seven single-room occupancy units with two shared bathrooms and one shared kitchen. Building two is a one-story building that is currently leased to a market/liquor store. It is nicely located on a corner lot with access from an alley. With the current Boyle Heights development plan underway, this is a value-ad opportunity that offers a strong cap rate based on current rental income. The property is conveniently located with quick access to freeways, downtown and a mile to USC Medical Center.
Property Details
- Lot DescriptionItem1115UnitsAcre
- Stories2
Measurements
- Acres0.1595
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1910
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,400,000
Other
- MLS #OC24045869
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Nathan Gruber (#OCGRUBNAT)
Listing Office: The Group Realty, Inc. (#OC03244)
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