Highlights
•17,004 SF mixed-use building with 3 retail units and 18 residential units •Gross annual income: $366,803 •Net operating income: $230,363 •6.31% cap rate
Description
This 17,004 SF mixed-use building features three ground-floor retail spaces and eighteen residential units, along with ten on-site parking spaces. The property produces $366,803 in gross annual income and $230,363 in net operating income, offering steady cash flow with room for future growth. Seller financing at 5% interest is available—contact the broker for details. The asset benefits from strong foot and vehicle traffic, excellent retail visibility, and close proximity to Downtown Los Angeles, the Arts District, and Little Tokyo. Originally built in 1913 and zoned C2, the building sits on a 9,605 SF lot with ten surface parking stalls. The location offers convenient access to the I-5, I-10, I-710, and SR-60 freeways, as well as nearby transit options such as multiple Metro bus lines and the Soto (E Line/Gold Line) Station. Located amid local businesses, restaurants, and cultural destinations, the property provides investors with a compelling opportunity for diversified income and long-term appreciation.
Listing Details
- Cap Rate
6.31%
- Tenancy
Multi
- Space Type
Mixed Use
- Sub Category
Multifamily / Retail
- Date Listed
11/17/2025
- Net Operating Income
$230,363
- Parking Info
10 spaces
Property Specifics
- Property Name
Prime Boyle Heights Mixed-Use Opportunity
- No of Buildings
1
- No of Stories
3
- No of Units
21
- Year Built
1913
- Building Size
17,004 SF
- Lot Size
9,605 Ac
- APN
5189-001-018
- Zoning
LA C2
- Occupancy
100%