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Prime Boyle Heights Mixed-Use Opportunity

2226 Whittier Blvd, Los Angeles, CA 90023
Available Now
$3,650,000
53 views
FOR SALEMixed Use / Multifamily + Retail
Cap Rate
6.31%
NOI
$230,363
Building Size
17,004SF
Parking Info
10 spaces
APN
5189-001-018
Lot Size
9605ac
Listing Contacts

More property details

Year Built
1913
Zoning
LA
Occupancy
100%
Tenancy
Multi Tenant
Currently Leased
No
No of Buildings
1
No of Stories
3
Units
21

Location

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Prime Boyle Heights Mixed-Use Opportunity
About the location

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.

Location 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
Prime Boyle Heights Mixed-Use Opportunity
17,004 SF · mixed-use · United States · CA