405 S Boyle Avenue Los Angeles, CA $ 5,000,000
405 S Boyle Avenue
$ 5,000,000
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405 S Boyle Avenue

Los Angeles, CA, 90033
$ 5,000,000
Baths0.0 Sq 10,469

Monthly Estimate*

$ 34,926

Listed by EXP REALTY
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Studio

Commercial Property for sale in Los Angeles, CA

for $5,000,000. This 10,469 square foot building was built in 1928 on a lot size of 0.4301.

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!

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Commercial Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MixedUse

Lot Size

0.4301

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS24044585

Days on Market

52

Features
General
Heating WallFurnace
Cooling None
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dryer Washer
Zoning LAC2
Security Features CarbonMonoxideDetectors SecurityGate SmokeDetectors
Construction Materials ShingleSiding
Year Built 1928
Electric ElectricityOnProperty
Property SubType MixedUse
Business Type Retail
County Los Angeles
Insurance Expense 14220.96
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures LivingQuarters
Special Listing Conditions Standard
Status Active
Directions Cross Streets: 4th and Boyle Avenue
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 16
MLS Area BOYH - Boyle Heights
Lot Size Square Feet 18736.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 16
Street Name Boyle
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Trash Expense 6976.69
Water Sewer Expense 14663.88
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 28
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Year Built Source Assessor
Property Sub Type Additional MixedUse
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Exterior
Fencing ChainLink Electric
Lot Features Item1620UnitsAcre CornerLot NearPublicTransit
Water Source Public
Lot Size Area 18736.0
Number of Buildings 2
Spa N
Building Area Total 10469.0
Lot Size Acres 0.4301
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Exp Realty

Broker

(626) 710-6760

Phone

Affordability Calculator

$34,926
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,926
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2024$5,000,000 Listed Price

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405 S Boyle Avenue, Los Angeles, CA, 90033 is a Commercial Property for sale at $5,000,000 with 10,469 sqft and a lot size of 0.4301. 405 S Boyle Avenue is a studio with 0.0 baths and was built in 1928. The property's zip code is 90033 which is in Los Angeles, CA