701 N Fickett, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
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Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 N Fickett Subject | $1,288,000* List Price | 0 | 0 | 5,930 | $212 | - |
A 2503 Cincinnati Active | $1,299,000 List Price | 0 | 0 | 6,548 | $198 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 and sold in 'As-Is' condition, the property shows significant deferred maintenance and aged exterior components. The mixed-use structure with SRO units and shared facilities indicates outdated systems and interiors requiring substantial rehabilitation to meet modern standards.
Boasting a high 11.46% CAP rate, this property offers significant in-place income and cash flow potential that far exceeds typical market averages in the Los Angeles area.
Situated on a prime corner lot with LAC1 zoning near DTLA and USC Medical Center, the property provides excellent visibility and versatile redevelopment or value-add opportunities.
The combination of a street-level commercial market and multiple residential units, including SRO accommodations, creates a stable and multifaceted income profile for investors.
Built in 1910 and sold in 'As-Is' condition, the property likely requires substantial capital expenditure for modernizing systems and addressing the wear of a century-old structure.
The inclusion of SRO units with shared facilities and a fully occupied tenant base necessitates intensive property management and complicates immediate renovation or repositioning efforts.
FULLY OCCUPIED Prime mixed-use investment opportunity in the heart of Boyle Heights with 11.46 Percent CAP RATE. Situated on a corner lot with alley access, 701 N. Fickett St consists of two buildings featuring residential units and a street-level commercial space currently leased to a market/liquor store. The residential component includes multiple units plus SRO accommodations with shared facilities. Zoned LAC1, the property offers strong in-place income and multiple value-add or redevelopment possibilities. Excellent location near Downtown Los Angeles, major freeways, public transportation, and USC Medical Center. Property sold As-Is. Do not disturb tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1910 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 19, 2026
$1,288,000
Initial Listing
Jun 5, 2018
$1,170,000
Public Record
Mar 27, 2014
$524,000
Public Record
Mar 7, 2005
$430,000
Public Record
Jun 21, 2004
$402,500
Public Record