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Image 1 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 2 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 3 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 4 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 5 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 6 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 7 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 8 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Image 9 - 701 N Fickett St, Los Angeles, California, 90033 - House for sale
Home For Sale In Los Angeles, California
701 N Fickett St, Los Angeles, California, 90033

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/17/24

701 N Fickett St, Los Angeles, California, 90033

12 Bed:
4 Bath:
5,930 Sq Ft Living Area:
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Price
$ 1,4M

About This House

Opportunity for mixed-use housing and retail in the Boyle Heights neighborhood. The property consists of two buildings on the same lot. Building one is a residential, two-story building and includes: (2) one-bedroom apartments and (1) two-bedroom apartment, (7) one-room occupancy units with two shared bathrooms and one shared kitchen. Building two is a one-story building that is currently leased to a market/liquor store. It is nicely located on a corner lot with access from an alley. With the current Boyle Heights development plan underway, this is a value-ad opportunity that offers a strong cap rate based on current rental income. The property is conveniently located with quick access to freeways, downtown and a mile to USC Medical Center.

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Boyle Heights Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.