405 South Boyle Avenue

405 South Boyle Avenue

Los Angeles, CA 90033

$5,000,000
Price
—
Beds
10,469 Sq. Ft.
$478 / Sq. Ft.
10,469
Sq. Ft.
$478
per Sq. Ft.
an aerial view of city
an aerial view of residential house with parking space and city view
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of multiple house
a car parked in front of a building
a view of a house with pool and furniture
a view of a balcony
a car parked in front of a building
a view of a street with storage
a view of a building with the street
a view of street with parked cars
a view of parking with a car parked in front of it
a view of kitchen and sink
a view of dining room and kitchen with furniture
a view of entryway and hall
a view of a building
a car parked in front of a building
a view of a big yard with plants and large trees
a view of a cars park on the road
a view of a street with sitting area
a view of water fountain

Description

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,...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!
  1. Listed by MICHELLE SHIMOHARA • DRE #01967619 • Brokerage DRE #01878277 • EXP REALTY • 626-710-6760

Property Details for 405 South Boyle Avenue

Total Units
16.0
Business Type
Retail
Lot Size Source
Assessor
Building Area Total
10469
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Zoning
LAC2

Location

Listing Courtesy of EXP REALTY, MICHELLE SHIMOHARA, DRE #01967619
Add your commute
LISTING UPDATED: 04/29/2024 06:46 AM

Property Details for 405 South Boyle Avenue

StatusActive
MLS #WS24044585
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1928
Lot Size0.43 AC / 18,736 SF
CountyLos Angeles County

Location

Listing Courtesy of EXP REALTY, MICHELLE SHIMOHARA, DRE #01967619
Add your commute

Building Information for 405 South Boyle Avenue

Stories2Residences-Year Built1928Lot Size0.43 AC / 18,736 SF

Payment Calculator

$27,797 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 405 South Boyle Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $142,310
  • Laundry Income: $4,800
  • Current Financing: None
Expense Details
  • Expense Year: $2,023
  • Insurance Expense: $14,221
  • Maintenance Expense: $3,110
  • Other Expense: $620
  • Trash Expense: $6,977
  • Water Sewer Expense: $14,664
  • Real Estate Tax Expense: $6,817
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Individual Room, Washer Included
  • Laundry Equipment Own Lease: Own
  • Cooling: None
  • Heating: Wall Furnace
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Shingle Siding
  • Fence: Yes
  • Fencing: Chain Link, Electric
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 16-20 Units/Acre, Corner Lot, Near Public Transit
  • Land Use: Multi-Family, Retail
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Building Features: Living Quarters
  • Asset Class: Multi-Family, Retail
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $540
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $775
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,000
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $520
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $570
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $900
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $590
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $740
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $700
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $750
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 16
  • Number Of Buildings: 2

Property History for 405 South Boyle Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 405 South Boyle Avenue

Taxable ValueLand$100,242Additions$227,345Total$327,587
Tax Record2023$6,116 ($510 / month)
Home Facts
Total Finished SqFt10,469 SqFtAbove Grade Finished SqFt10,469 SqFtStories1Lot Size18,730 SqFtStyleOffice BuildingYear Built1928ZoningLAC2CountyLOS ANGELESAPN5174-002-013

Schools near 405 South Boyle Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Second Street Elementary School
Public - K to 6
Extera Public Schools
Charter - K to 8
Felicitas And Gonzalo Mendez High
Public - 9 to 12
Theodore Roosevelt Senior High
Public - 9 to 12
Rating
School
Distance
Second Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Felicitas And Gonzalo Mendez High
Public9 to 12

Theodore Roosevelt Senior High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 405 South Boyle Avenue, Los Angeles, CA 90033

405 South Boyle Avenue is a mixed use property for sale in Los Angeles, CA 90033. This property was listed for sale on March 7, 2024 by EXP REALTY, it's currently listed at $5,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Second Street Elementary School, Extera Public Schools and Felicitas And Gonzalo Mendez High. 405 South Boyle Avenue is a 0-bed, 0-bath, 10,469 sqft mixed use property built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, MICHELLE SHIMOHARA, DRE #01967619

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.