5,930 sqft

$1,250,000

701 N Fickett, Los Angeles CA, 90033

Price per sqft$210.79

Built in1910

Property size5,930 sqft

Property typeCommercial

Listed by Charles Lee CA DRE# 01361071 with One Group Realty 714-614-2426

Overview

Coming soon Nov 16, 2026

Listed Nov 11, 2026

Updated 33h ago

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.

Additional information

MLS^® ID: PW26242134

Interior Features

Basement: No

Exterior Features

Lot Size: 0.16 Acres

Listed by Charles Lee CA DRE# 01361071 with One Group Realty 714-614-2426

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/13/2026 at 4:50 AM UTC Last Checked: 4:50 AM UTC