Mixed Use for sale in Southern California — $1,250,000. 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 ac…
$1,250,000
701 N Fickett, Los Angeles, CA 90033
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.
Listing updated: June 23, 2026 at 8:28 AM
Listed by: Charles Lee, One Group Realty
Source: CRMLS, MLS#: PW26012751, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
5/26/2026 Source: CRMLS, #PW26012751 | Price change | $1,250,000-3.0% |
| 1/19/2026Source: CRMLS, #PW26012751 | Listed for sale | $1,288,000 |
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