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405 S Boyle Ave, Los Angeles, CA 90033
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405 S Boyle Ave Los Angeles, CA 90033

$5,000,000
  • 18 Beds
  • 16 Baths
  • 10,469 Sq.Ft.
For Sale
$5,000,000 Get Pre-Qualified
Map preview of 405 S Boyle Ave, Los Angeles, CA 90033

Property Overview: 405 S Boyle Ave Los Angeles, CA has 18 bedrooms, 16 bathrooms, 10,469 living square feet and 18,736 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by MICHELLE SHIMOHARA | BRE #01967619 | EXP REALTY
Last checked: 4 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 56
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Home details

Lot Sq. Ft
18,736
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
WS24044585
City
Los Angeles
County
Los Angeles
Time on Site
56 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
  • # of Leased Units: 16
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $540
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $775
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Actual Rent: $1,000
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $520
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $570
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $900
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $590
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $740
  • Total Rent: --
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $700
  • Total Rent: --
Unit Breakdown 10
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $750
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $142,310
  • Net Operating Income: --
  • Gross Operating Income: --
  • Laundry Income: $4,800
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $6,977
  • Insurance: $14,221
  • Maintenance: $3,110
  • Water/Sewer: $14,664
  • Other Expenses: $620

Open Houses for 405 S Boyle Ave

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Property Details for 405 S Boyle Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Community, Dryer Included, Individual Room, Washer Included
Interior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link, Electric
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 16-20 Units/Acre, Corner Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 16
  • Parcel Number: 5174002013
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Cross Streets: 4th and Boyle Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 405 S Boyle Ave

Last sold on April 18th, 2019

  • March, 2024

  • Mar 7, 2024

    Date

    Active

    CRMLS: WS24044585

    $5,000,000

    Price

  • April, 2019

  • Apr 18, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 405 S Boyle Ave

Assessed Value (2020): $311,844
Year Land Value Improved Value Assessed Value
2020 $95,363 $216,481 $311,844

Home Value Compared to the Market

This property vs the competition

405 S Boyle Ave is listed 308.16% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $477.6 per/sqft which puts the price per square foot 38.29% lower than the median price per square foot for the city of Los Angeles.

About 405 S Boyle Ave

Detailed summary of property

405 S Boyle Ave is a mixed use located in Los Angeles, CA 90033 and is currently for sale. This mixed use property offers 18 bedrooms, 16 bathrooms, roughly 10,469 living square feet, and sits on an approximately 18,736 square foot lot. 405 S Boyle Ave was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $5,000,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 308.16% higher than the median priced home. Local competing homes currently for sale include 10705 S Figueroa St, 4024 Nicolet Ave and 1539 Lincoln Ave. While the average home in Los Angeles, CA is selling in 96 days, 405 S Boyle Ave has a days on market of 56 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 405 S Boyle Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 405 S Boyle Ave

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
10,469
Lot Size
18,730
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5174-002-013

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,000
Median List Price/Sq.Ft.
$536
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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