Property listed by Wetrust Realty, Samuel Goh 626-215-0744
$1,090,000
Discover an investment opportunity in the desirable Lincoln Heights neighborhood of Los Angeles? This huge lot property has been home to long-term, stable tenants, offering consistent occupancy and income. This multi-unit property features a total of 6 units across two separate dwellings with total of 7 bedrooms and 6… Read More bathrooms, offering flexibility and long-term potential upside for savvy investors. With strategic management and thoughtful improvements over time, investors can capitalize overall property value. The property’s setup and location, also make it especially attractive for those looking to implement a long-term investment strategy.
The front building is the original which has 3 units, the rear two levels building which was added in the 1950s has 3 units as well.
Ideally located near major landmarks and employment hubs, the property is just minutes from LAC+USC Medical Center, Chinatown, and Dodger Stadium, with Downtown Los Angeles nearby. Tenants benefit from convenient access to major freeways, public transportation, dining, shopping, and entertainment. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
MixedUse
Lot Size
0.19 Acres
Year Built
1902
MLS Number
AR26066754
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
ConvectionOven
Building
Built in 1902, 2 buildings, 2 stories, Entry level: 1, Entry location: Front
ElectricityAvailable, NaturalGasConnected, WaterConnected, Water Source: Public, Standard, 5 separate electric meters, 7 separate gas meters, 2 separate water meters
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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