701 N Fickett, Los Angeles, CA — listing photo 1
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FOR SALE

701 N Fickett

Los Angeles, CA 90033
6,950 Lot Sq Ft
Built 1910
$1,250,000
Price ReducedWas $1,288,000 — $1,250,000 (-$38,000)

Property Overview

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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1910
Lot size
6,950 sq ft
Stories
2
Days on market
242
MLS status
Active

Features & Amenities

Interior

  • Open Floorplan

Appliances

  • Disposal
  • Refrigerator
  • Water Heater

Parking

  • Off Site
  • On Site
  • Off Street
  • Uncovered

Pool

  • None

Lot

  • Eleven To Fifteen Units Acre
  • Corner Lot
  • Street Level

Security

  • Smoke Detectors

Community, Schools & Utilities

Community

View
Neighborhood

Utilities

Heating
Central,NaturalGas
Cooling
None
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

701 N Fickett

Los Angeles, CA 90033

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Frequently Asked Questions About 701 N Fickett

Property type: Residential Income

The current asking price is $1,250,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 701 N Fickett. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1910. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 242 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Charles Lee
MLS ID: PLEECHAN

Available property

$1,250,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.