405 Boyle AveLos Angeles, CA 90033

This exceptional mixed-use property in Los Angeles' Boyle Heights neighborhood presents a compelling investment opportunity. The 0.43-acre lot (APN 5174-002-013) encompasses a 18,730 square foot building currently operating at 100% occupancy. The property features 19 units: 16 multifamily apartments (15 one-bedroom/one-bathroom, and one three-bedroom/two-bathroom unit) and three retail spaces. Located at 405 S Boyle Ave, at the corner of Boyle and East 4th Street, this high-density location offers excellent visibility and accessibility. The building has undergone complete earthquake retrofitting as of June 20, 2023. The property's C2 zoning with a Mixed Use Neighborhood Community Plan overlay allows for a variety of commercial and residential applications. Its strategic location near major freeways (I-5, I-10, 101, and 60) enhances its appeal. The asking price per square foot is $267. This is a rare chance to acquire a fully occupied, well-maintained mixed-use asset in a rapidly growing Los Angeles neighborhood. The property offers a strong return on investment and significant potential for future appreciation. This prime location provides panoramic views of Downtown Los Angeles and the iconic 6th Street Bridge.