701 N Fickett, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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...

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Home facts

  • Year built:1910
  • Listing ID #:PW26012751
  • Added:199 day(s) ago
  • Updated:August 07, 2026 at 10:51 AM

Rooms and interior

  • Flooring:Laminate, Tile
  • Kitchen Description:Disposal, Refrigerator
  • Living area:5,930 sq. ft.

Heating and cooling

  • Heating:Central, 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
  • Amenities:Open Floor Plan, Water Heater

Parking

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