Los Angeles Homes with Mixed Use Subtype

Los Angeles Homes with Mixed Use Subtype

Welcome to Los Angeles County, a vibrant tapestry of culture, innovation, and opportunity nestled in the heart of sunny California. Known for its iconic landmarks, diverse neighborhoods, and a lifestyle that blends urban excitement with serene coastal beauty, LA County is a place where dreams are made and futures are built. With its extensive entertainment industry, world-class dining, and stunning natural landscapes, residents enjoy an unparalleled quality of life.

One of the most exciting real estate trends in Los Angeles is the rise of homes with mixed-use subtypes. These unique properties offer the perfect blend of residential comfort and commercial convenience, allowing homeowners to live, work, and play all within the same space. Imagine stepping out of your beautifully designed home to find a charming café, boutique, or office just a few steps away. This innovative approach to living not only maximizes space but also fosters a sense of community, making it an ideal choice for entrepreneurs, artists, and families alike.

In Los Angeles County, mixed-use properties are strategically located in bustling neighborhoods, offering easy access to transportation, shopping, and entertainment. Whether you’re looking for a chic loft in Downtown LA or a cozy home in a vibrant community, the mixed-use market provides endless possibilities for those seeking a dynamic lifestyle.

Explore the charm of Los Angeles County, where the perfect home awaits you. Embrace the convenience of mixed-use living and discover a lifestyle that seamlessly integrates work and leisure in one of the most exciting cities in the world. Your dream home is just around the corner!

Newest Los Angeles Homes with Mixed Use Subtype

$2,295,000
PW26200874 MLS Active Status
1059 Gladys Avenue presents the opportunity to acquire a 12-unit multifamily property in popular Eastside Long Beach. The property offers all 1BD/1BA units (two are renovated) with on-site laundry facilities. Electricity is separately metered, while gas is master-metered with one water heater. The assumable financing is particularly compelling: approximately $1.451 million at a fixed 3.57% interest rate, representing roughly 63% LTV and fully amortizing over the remaining loan term. Annual debt service is ~$78,870. In the current interest-rate environment, this low cost of debt is a significant investment advantage. At the $2.295 million asking price, the property produces approximately $126,809 in current NOI, equating to a 5.53% current cap rate. Because the going-in cap rate is substantially higher than the 3.57% mortgage rate, investors benefit from meaningful positive leverage. After debt service, the property is projected to generate approximately $47,939 in annual pre-tax cash flow, providing a 5.68% current cash-on-cash return on the approximately $844,000 down payment. Eastside Long Beach is a well-established and highly desirable rental neighborhood, offering residents a compelling combination of walkability, affordability and proximity to the city’s coastal lifestyle and major employment centers. The property benefits from a Walk Score of 93 (“Walker’s Paradise”), with numerous shopping, dining and everyday conveniences within a short walk. The neighborhood also provides convenient access to Downtown Long Beach, Belmont Heights, Recreation Park, Colorado Lagoon and the beach, while California State University, Long Beach and Long Beach City College are both within approximately three miles.

1059 Gladys, Long Beach

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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.