East Los Angeles (ELA) Homes with Multi Level Stories

East Los Angeles (ELA) Homes with Multi Level Stories

Welcome to East Los Angeles (ELA), a vibrant and culturally rich community nestled in the heart of Los Angeles County, California. Known for its rich history and diverse population, ELA is a melting pot of traditions and lifestyles, making it an exciting place to call home. With its close proximity to downtown LA, residents enjoy easy access to a myriad of dining, shopping, and entertainment options, while still embracing the unique charm that East LA has to offer.

One of the standout features of this region is its eclectic array of homes, particularly those with multi-level stories. These multi-story residences provide not only ample living space but also stunning views of the surrounding landscapes and cityscapes. Whether you're looking for a modern architectural gem or a classic Spanish-style home, ELA has something for everyone. These homes often come equipped with spacious layouts, allowing for creative use of space that can accommodate families, young professionals, and everyone in between.

Living in East Los Angeles means enjoying a strong sense of community, with local events, parks, and recreational facilities that foster connections among neighbors. The area's rich cultural heritage is evident in its art, music, and food scenes, offering a vibrant lifestyle that is both dynamic and inviting.

If you're searching for a home that combines the charm of East Los Angeles with the benefits of multi-level living, look no further. Explore the opportunities that await you in this captivating region, where every street tells a story, and every home is a gateway to a fulfilling life.

Newest East Los Angeles (ELA) Homes with Multi Level Stories

$2,750,000
18 Beds ⋅ 16 Baths ⋅ 26986177 MLS ⋅ Active Status
We are pleased to offer for sale 943 South Bonnie Beach Place, a 16-unit apartment community located in East Los Angeles, about five miles east of Downtown Los Angeles.Built in 1923, the property comprises 8,400 square feet of improvements across nine buildings on a 16,000-square-foot parcel. Its unit mix is 14 one-bedroom units and two two-bedroom units. The property delivers strong in-place yield at a 6.90% scheduled cap rate and an 8.83 gross rent multiplier. Approximately 15% rental upside remains, capturable through ordinary turnover.With a Walk Score of 78, most errands can be accomplished on foot. Whittier Boulevard, the main commercial corridor of East Los Angeles, runs just north of the property. The 5, 60 and 710 Freeways put Downtown Los Angeles and the industrial employment centers of Vernon and Commerce within commuting distance.943 South Bonnie Beach Place offers investors an opportunity to acquire an income-producing asset with remaining upside in East Los Angeles.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.

943 S Bonnie Beach Place, Los Angeles
$1,775,000
8 Beds ⋅ 11 Baths ⋅ 26872303 MLS ⋅ Active Status
Situated in the heart of East Los Angeles, this well-located multifamily investment presents an attractive combination of tenant appeal, convenience, and future upside. The property features an attractive unit mix of (1) 2 bd + 1 ba, (6) 1 bd + 1 ba, and (4) studios, providing a diverse mix of rental options suited to a broad tenant base. The property's mostly single-story construction offers a practical advantage for ownership, providing easier maintenance and an appealing living environment for prospective tenants.In addition to its existing income stream, the property offers potential for increased rental income and future ADU development, providing an investor with multiple avenues to enhance value and maximize the property's income-producing potential, subject to applicable zoning and permitting requirements. Plans for two ADUs were previously approved.Location further strengthens the investment profile. Residents are within walking distance of the Metro Gold Line Station, providing convenient access to public transportation and connectivity throughout Los Angeles. The property is also near the East Los Angeles Civic Center, offering access to community events, entertainment, recreational opportunities, and local services. Nearby Whittier Boulevard provides an established mix of shopping, dining, and everyday conveniences.For commuters, the property offers convenient access to the 710, 10, and 5 Freeways, providing efficient connectivity to Downtown Los Angeles, surrounding employment centers, and major destinations throughout the region.

637 S Mcdonnell Avenue, Los Angeles
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.