1812-1824 E 1st St - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90033- Boyle Heights
$2,395,000 USD
310-266-9585
1812-1824 E 1st St, Los Angeles, CA for Sale
$2,395,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | Request Cap Rate

1812-1824 E 1st St
Los Angeles, CA 90033
Boyle Heights


OVERVIEW

Douglas Elliman Commercial is proud to present a rare investment opportunity in the heart of Los Angeles’ 90033 ZIP code: A nine (9) unit mixed-use property—featuring six (6) commercial retail opportunities and three (3) residential units—offering significant value-add upside. Ideally positioned directly across from Mariachi Plaza and just steps from iconic Boyle Avenue, this property sits at the center of a vibrant, culturally rich Angeleno community with strong foot traffic, excellent ingress/egress, and unmatched freeway accessibility. The property has been privately owned for nearly a decade, originally acquired with the intent to redevelop. The current sale is prompted by strategic portfolio realignment and a shift in focus toward single-tenant ownership. This transition opens the door for a new investor to unlock meaningful upside through operational optimization and thoughtful repositioning. All rents are currently below market, with tenants on short-term leases or month-to-month agreements. There are presently two (2) commercial vacancies of approximately 1,400± SF each, representing immediate revenue opportunities. Please Note: The current property management company has been unresponsive in providing documentation to support the sale. Buyers are advised to have patience during the due diligence process - as the Seller has assured that all necessary and accurate materials will be made available. Public Records say the Year Built is 1885 and is believed to be a typo. This offering is ideally suited for an experienced investor who can recognize the intrinsic potential of this asset. With proper management, cosmetic enhancements, and market-rate leasing, this property presents a clear path to maximizing cash flow and unlocking long-term value in one of Los Angeles’ most resilient and desirable submarkets.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,088 SF

ZONING

LAC2

APN/PARCEL ID

5174-018-026,5174-018-027

ASK ABOUT THIS PROPERTY

Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

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Jason FroehlichDouglas Elliman CommercialMore Info
310-266-9585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.