701 N Fickett, Los Angeles, CA 90033
Local realty services provided by:ERA North Orange County Real Estate
701 N Fickett,Los Angeles, CA 90033
$1,250,000
- - Beds
- - Baths
- 5,930 sq. ft.
- Multi-family
- Active
Listed by: charles lee
Office: one group realty714-614-2426
MLS#:PW26012751
Source:CRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$210.79
About this home
FULLY OCCUPIED MULTIPLE TENANT BUILDING (Over 11% CAP RATE). 701 N. Fickett St presents a compelling mixed-use value-add opportunity in the rapidly evolving Boyle Heights submarket. This corner-lot asset with alley access features two buildings totaling approximately 5,930 SF on a 6,950 SF lot and is zoned LAC1, allowing for flexible commercial and residential use. THERE IS A NEW ELECTRIC PANEL AND ELECTRIC METER IN THE RESIDENTIAL BUILDING.
The property includes a two-story residential building with a mix of traditional units and Single-Room Occupancy (SRO) accommodations, along with a separate one-story commercial building currently occupied by a market/liquor store, providing stable retail income.
Investors and developers benefit from strong in-place cash flow, rental upside through renovation and operational improvements, and long-term redevelopment or repositioning potential. Ideally located minutes from Downtown LA, USC Medical Center, major freeways, and public transit, this asset is well-positioned for workforce housing demand and urban infill growth. Offered As-Is, occupied. Buyer to verify all information....
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Home facts
- Year built:1910
- Listing ID #:PW26012751
- Added:259 day(s) ago
- Updated:September 19, 2026 at 01:24 PM
Rooms and interior
- Flooring:Laminate, Tile
- Kitchen Description:Refrigerator
- Living area:5,930 sq. ft.
Heating and cooling
- Heating:Central Furnace, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1910
- Building area:5,930 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Corner Lot, Street Level
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$210.79
Features and amenities
- Appliances:Disposal, Refrigerator, Water Heater
- Amenities:Open Floorplan, Smoke Detectors
Parking
- Parking description:Off Site, Off Street, On Site, Uncovered
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