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701 N Fickett

Los Angeles, CA 90033
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Bed 0

Bed

Bath 0

Bath

SqFt6,950

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,250,000

AD Id : 85767709

MLS Id : PW26012751

Lot Size : 6,950 Sqft

Year Built : 1910

County : Los Angeles

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Feature Features

  • Interior Features

    OpenFloorplan
    Roof: Flat
    Appliances: Disposal, Refrigerator, WaterHeater
    Laundry Features: None
  • Heating & Cooling

    Has Heating: Yes Heating: Central, NaturalGas Cooling: None

  • Building Information

    Year Built: 1910
    Building Area Total: 5930
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 6950 Lot Size Acres: 0.1596 Lot Size Source: Assessor Lot Size Square Feet: 6,950 Lot Description: ElevenToFifteenUnitsAcre,CornerLot,StreetLevel

  • Listing Price Information

    Listing Price: $1250000
    Original Price: $1288000
    Cash, CashToNewLoan, SubjectToOther

  • Tax Information

    Parcel Number: 5177021026 Tax Lot: 24 Tax Block: 5

  • Utility Information

    CableNotAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
  • Location Information

    Direction: SOUTH WEST OF SOTO ST & WABAH OFF OF 10 FREEWAY WaterSource: Public Security Features: SmokeDetectors
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1151 1153 Cornwell Street, Los Angeles, CA, 90033 $1,170,000 -- -- 3,682 3,682 SqFt
2427 Houston, Los Angeles, CA, 90033 $1,049,000 1 1 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 11:43

MLS: PW26012751 LISTED BY: Charles Lee, One Group Realty 714-614-2426 SOURCE: CRMLS

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