Remarks

Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility.
Comprising three retail spaces—a market, a beauty salon, and a charming eatery—alongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chance to become part of Boyle Heights' rich tapestry, steeped in residential charm and cultural significance. Family-owned for generations, this property carries with it a legacy of community stewardship and potential for transformation. Whether you seek to invest, occupy, or embark on a mixed-use development journey, this is your invitation to join the heartbeat of one of Los Angeles's most notable neighborhoods.

Details

MLS#: SR24074156
Price: $1,799,000

Sq Ft: 6840.00
Year Built: 1922

County: Los Angeles