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.
AGENT: Charles Lee LISTING BROKERAGE: One Group RealtyThe 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.
Courtesy of One Group Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 701 N Fickett
Los Angeles, CA
Property Details
Price:
$1,250,000
MLS #:
PW26012751
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
boyhboyleheights
Listed Date:
Jan 19, 2026
Total Sq Ft:
5,930
Lot Size:
6,950 sqft / 0.16 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Appliances
GD, RF, WHU
Cooling
NO
Flooring
TILE, LAM
Heating
GAS, CF
Interior Features
OFP
Laundry Features
NO
Exterior
Common Walls
EU, NCW
Community Features
SDW, SL, URB, CRB
Fencing
WI, FAIR
Roof
FLTR
Security Features
SD
Spa Features
NO
View
NE
Financial
Map
Community
- Address701 N Fickett Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
