PRICE REDUCED - 6.75% CAP - CASH FLOW - GREAT ADDITION TO PORTFOLIO. Mixed-use investment property consisting of nine total units, including five apartments, three street-level retail units, and one detached single-family residence. The property offers strong in-place cash flow with diversified residential and commercial income. Retail units feature street… Read More frontage along a well-traveled corridor, while the residential units support stable tenancy. An attractive opportunity for an investor seeking both current income and long-term value in a growing Boyle Heights location. Located in the heart of Boyle Heights, 3108 E 4th Street benefits from a vibrant neighborhood experiencing continued reinvestment and growth. The property is situated along a well-traveled commercial corridor just minutes east of Downtown Los Angeles, with convenient access to major thoroughfares, public transportation, and the Sixth Street Bridge. The immediate area features a mix of neighborhood-serving retail, residential uses, and emerging small businesses, including Picaresca Barra de Cafe. Nearby amenities include local shops, restaurants, parks, and schools, contributing to steady foot traffic and long-term demand for both residential and commercial space. The location offers strong urban connectivity while maintaining the character and cultural identity that Boyle Heights is known for. Read Less
Property listed by Clint Lukens Realty, Clint Lukens 310-259-7556
Listing Snapshot
Days Online
58
Last Updated
Beds
5
Square Ft.
4,508
Lot Size
0.13 Acres
Year Built
1923
MLS Number
26645131
Additional Details
Appliances & Equipment
GasOven, Refrigerator
Building
Built in 1923, Living area: 4508.0, 2 buildings, 2 stories, Levels: MultiSplit
Floors
Carpet, Laminate
Heating
WallFurnace
Income
Gross Income: $140,782, Net Operating Income: $86,211
Lot
0.1302 acres
Parking
2 total parking spaces, Driveway, OnStreet
Property
RepairsCosmetic
Security Features
WindowBars
Taxes
Parcel Number: 5186005001, Zoning: LAC2
Tenant Pays
Electricity, Gas
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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