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$1,125,000
Est. payment /mo
3 Beds
3,770 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26060288
Bedrooms 3
Lot Size 3,770 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Multi-family investment opportunity in the heart of Lincoln Heights. This 2-story, 4-unit building sits on a 3,770 SF corner lot zoned LARD3 and offers strong value-add potential for experienced investors. Originally constructed in 1911, the property features approximately 4,307 SF of building area with 5 bedrooms and 4 bathrooms across four assessor-recognized units. Centrally located with excellent freeway access via the 110 and I-5, the property is minutes from Downtown Los Angeles, Lincoln Park, and the rapidly revitalizing Lincoln Heights commercial corridor along North Broadway. The neighborhood continues to attract investment as Northeast LA experiences sustained demand for multi-family housing. Property is sold strictly as-is. Subject to existing tenancies. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. Will likely will require a cash sale, as financing may not be possible.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the 110 Fwy: Exit Avenue 26, head east. Turn left (north) on Idell St, then right (east) on Avenue 28. Property is on the r
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5206021003
Acceptable Financing Cash
Listing Terms Cash
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Listed by Ed Sanchez, DRE#01293683 EMPOWER Real Estate
Nearby School & Business
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