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701 N Fickett St, Los Angeles, CA, 90033

--beds
--baths
5,930sqft
$1,288,000
$217price/sqft
$9,359/moest. monthly cost
$374,360/yrincome needed

About This Home

FULLY OCCUPIED Prime mixed-use investment opportunity in the heart of Boyle Heights with 11.46 Percent CAP RATE. Situated on a corner lot with alley access, 701 N. Fickett St consists of two buildings featuring residential units and a street-level commercial space currently leased to a market/liquor store. The residential component includes multiple units plus SRO accommodations with shared facilities. Zoned LAC1, the property offers strong in-place income and multiple value-add or redevelopment possibilities. Excellent location near Downtown Los Angeles, major freeways, public transportation, and USC Medical Center. Property sold As-Is. Do not disturb tenants.

Getting Around

85
WalkingVery Walkable
69
TransitGood Transit
55
BikeBikeable

Schools

5/10
Sheridan Street Elementary SchoolGrades K-60.3 mi
6/10
Hollenbeck Middle SchoolGrades 6-81.0 mi
4/10
Theodore Roosevelt Senior HighGrades 9-120.8 mi

Construction

Condition

  • Property condition: Repairs Cosmetic
  • Year built: 1910

Materials

  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Disposal,Refrigerator,Water Heater
  • Laundry features: None

Features

  • Open Floorplan
  • Flooring: Laminate,Tile
  • Fireplace features: None
  • Common walls with other units/homes: End Unit,No Common Walls

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 5,930
  • Total interior livable area: 5,930 sqft

Property

Details

  • Parcel number: 5177021026
  • Special condition: Standard
  • Exclusions: PERSONAL PROPERTY

Features

  • Entry location: FRONT
  • Pool features: None
  • Spa features: None
  • Fencing: Fair Condition,Wrought Iron
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,950 sqft
  • Features: 11-15 Units/Acre,Corner Lot,Street Level

Parking

  • Parking features: Off Site,On Site,Off Street,Uncovered