$1,250,000
-$38,000701 N Fickett, Los Angeles CA 90033
Multi-Family (11 Units)
Property type
137 days
On market
$211
Price per sqft
0 cars
Garage
1910
Year built
6,950 sqft
Lot size
Home highlights
Open Houses
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...
Listing provided by: Charles Lee DRE #01361071 714-614-2426, One Group Realty
Listing updated: May 30, 2026 at 03:48pm.
Last checked: Jun 2, 2026 at 05:01pm
Source: CRMLS #PW26012751
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 0 | 0 | — | $16,873 | $16,873 | $0 | Partially |
# of Buildings: 2
# of Units Total: 11
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Disposal: 11
Refrigerator: 11
Rent Control: Yes
Units Leased: 11
Financial Snapshot
Gross Rent Multiplier
6.2x
List Price / Annual Gross Rent
Cap Rate
12.09%
NOI / List Price
Gross Scheduled Income: $202,487
Operating Expense: $51,300
Net Operating Income: $151,187
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Licenses: $950
New Taxes: $16,100
Professional Management: $0
Supplies: $1,000
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Open Floor Plan
Flooring: Laminate, Tile
Cooling: None
Heating: Central, Natural Gas
Appliances: Disposal, Refrigerator, Water Heater
Fireplace: None
Laundry: None
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 2
Roof: Flat
Property Condition: Repairs Cosmetic
Common Walls: End Unit, No Common Walls
Security Features: Smoke Detectors
Lot Features: Eleven To Fifteen Units Acre, Corner Lot, Street Level
Pool: None
Spa: None
Fencing: Fair Condition, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View: Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Off Site, On Site, Off Street, Uncovered
Garage Spaces: 0
Carport Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5177021026
Additional Parcels: No
Tax Lot: 24
Tax Block: 5
Community
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 701 N Fickett, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,000,000
Total Interest
$1,275,445
Total Payment
$2,275,445
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,773
per month
Property History for 701 N Fickett
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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