701 N Fickett Street Los Angeles, CA ^$ 1,400,000

701 N Fickett Street

^$ 1,400,000

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701 N Fickett Street

Los Angeles, CA, 90033

^$ 1,400,000

Bedrooms12 Baths4.0 Sq 5,930

Monthly Estimate*

^$ 9,779

Listed by The Group Realty, Inc.

701 N Fickett Street, Los Angeles, CA 90033 - Image 1

701 N Fickett Street, Los Angeles, CA 90033 - Image 2

701 N Fickett Street, Los Angeles, CA 90033 - Image 3

701 N Fickett Street, Los Angeles, CA 90033 - Image 4

701 N Fickett Street, Los Angeles, CA 90033 - Image 5

701 N Fickett Street, Los Angeles, CA 90033 - Image 6

701 N Fickett Street, Los Angeles, CA 90033 - Image 7

701 N Fickett Street, Los Angeles, CA 90033 - Image 8

701 N Fickett Street, Los Angeles, CA 90033 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,400,000 with 12 bedrooms and 4 full baths. This 5,930 square foot home was built in 1910 on a lot size of 0.1595.

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) one-bedroom apartments and (1) two-bedroom apartment, (7) one-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.

Multi-Family Active

Price

^$ 1,400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1595

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC24045869

Days on Market

Features

General

Sewer PublicSewer

Cooling None

Zoning LAC1

HOA 0.0

Garage Spaces 0.0

Pool Features None

Exclusions Tenant personal property

Year Built 1910

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 151944.0

Community Features Urban

County Los Angeles

Net Operating Income 155140.0

Operating Expense 40964.0

Insurance Expense 2532.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions N. Soto St. to Malabar St to N. Fickett

City Los Angeles

Entry Location Front Door

View Y/N N

Senior Community Y/N N

Total Units 11

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 6948.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 8

Street Name Fickett

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 14612.0

Home Warranty Y/N N

Fuel Expense 3000.0

Trash Expense 3840.0

Water Sewer Expense 6262.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Estimated

Tax Lot 24

Total Actual Rent 12662.0

Property Sub Type Additional MixedUse

Exterior

Parking Features Paved Private

Lot Features Item1115UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 6948.0

Number of Buildings 2

Spa N

Building Area Total 5930.0

Lot Size Acres 0.1595

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 701

* Excluded Features

List By

The Group Realty, Inc.

Broker

(949) 500-2152

Phone

Affordability Calculator

$9,779

Per Month

Monthly Principal & Interest: $9,779
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 43%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$1,400,000		Listed Price

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701 N Fickett Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,400,000 with 5,930 sqft and a lot size of 0.1595. 701 N Fickett Street has 12 bedrooms, 4.0 baths, and was built in 1910. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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701 N Fickett Street

Multi-Family Home for sale in Los Angeles, CA

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