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405 S Boyle Avenue, Los Angeles, CA 90033
$5,000,000
405 S Boyle Avenue, Los Angeles, CA 90033View this property at 405 S Boyle Avenue, Los Angeles, CA 90033
405 S Boyle AvenueLos AngelesCA90033
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Property 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, 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!
Full Property Details
Full Property Details for 405 S Boyle Ave
General
- Price: $5,000,000
- Status: Active
- Type: Commercial
- MLS ID: WS24044585
- Updated: 4/29/2024
- Days on Market: 56 days
- Added to Site: 57 day(s) ago
Business
- Business Type: Retail
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Community, Dryer Included, Individual Room, Washer Included
Additional Information
- Security/Safety: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- County: Los Angeles
- Driving Directions: Cross Streets: 4th and Boyle Avenue
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Construction: Shingle Siding
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 10469
- Square Feet: 10,469
- Year Built: 1928
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.4301
- Useable Acres: .4301
- Lot Size (Sq. Ft.): 18,736
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: 16-20 Units/Acre, Corner Lot, Near Public Transit
- Lot Description: 16-20 Units/Acre, Corner Lot, Near Public Transit
- Fencing (Description): Chain Link, Electric
Financial Considerations
- Price Per Sq. Ft.: $477
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Investment: Yes
- Property ID: 5174002013
Listed by Exp Realty, MICHELLESHIMOHARA
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Schools
Schools serving 405 S Boyle Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1942 E 2nd St, Los Angeles, CA 90033 | K-6 | 0.2 mi | |
2510 E 6th St, Los Angeles, CA 90023 | 6-8 | 0.6 mi | |
1200 Plaza Del Sol St, Los Angeles, CA 90033 | 9-12 | 0.5 mi | |
456 S Mathews St, Los Angeles, CA 90033 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 405 S Boyle Ave
Date
Details
Price
Change
Source
3/06/2024
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 405 S Boyle Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,116
3%
$327,587
2%
2022
$5,916
2%
$321,247
2%
2021
$5,794
—
$315,030
1%
2020
$5,823
3%
$311,844
3%
2019
$5,672
6%
$301,633
2%
2018
$5,347
2%
$295,719
2%
2017
$5,219
5%
$289,921
2%
2016
$4,991
1%
$284,237
2%
2015
$4,941
-1%
$279,968
2%
2014
$4,994
—
$274,485
—
2013
$4,994
—
$273,245
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 405 S Boyle Ave
405 S Boyle Avenue, Los Angeles, CA 90033 (MLS# WS24044585) is a Commercial property. 405 S Boyle Avenue is currently listed for $5,000,000 and was received on March 06, 2024. Want to learn more about 405 S Boyle Avenue? Do you have questions about finding other Commercial real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.