Home | Los Angeles County | Los Angeles | 90033 | 701 N Fickett
MLS: CRPW26012751 | Status: | Price: $1,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,950 | 1910 |
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.
| Field | Value |
|---|---|
| MLS # | CRPW26012751 |
| MLS Source | California Regional MLS |
| Days on Site | 134 |
| Feature | Details |
|---|---|
| Appliances | Garbage Disposal |
| Flooring | Laminate |
| Laundry | None |
| Cooling | None |
| Heating | Central Forced Air, Gas |
| Feature | Details |
|---|---|
| Roof | Flat |
| Feature | Details |
|---|---|
| Garage/Parking | Common Parking Area, Off-Site Parking, Off-Street Parking, Garage: 0 Car(s) |
Charles Lee
One Group Realty
License #: 01361071
Phone: (714) 614-2426
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 11 | – |
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This listing information is up-to-date as of May 30, 2026. For the most current information, please contact Charles Lee, (714) 614-2426.