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$1,025,000
Est. payment /mo
6 Beds
3 Baths
7,492 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 P1-27115
Bedrooms 6
Lot Size 7,492 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own three fully detached units on one gated lot, perfectly positioned between Lincoln Heights, Highland Park, and Cypress Park. Two units are tenant-occupied with reliable renters; the third unit will be delivered vacant, ideal for an owner-occupant or to rent at market rate.Each unit features 2 bedrooms, 1 bath, and its own private 1-car garage. All units are separately metered for gas, water, and electricity, with tenants paying their own utilities. The property is fully gated and freshly landscaped, offering excellent curb appeal.Perfectly located steps from the Heritage Square A Line station, providing a direct route to DTLA, Highland Park, and Pasadena, and just moments from Moo's Craft BBQ, Zizou, and the new Barranca Food Hall. Enjoy nearby green spaces like Rio de Los Angeles State Park and the LA River bike path, along with easy access to Dodger Stadium and DTLA via the 5 and 110 freeways.Take advantage of strong appreciation and major development reshaping Lincoln Heights. Barranca Studios and the newly built A34 buildings are bringing strong market rents, new amenities, and fresh energy to the area.Turnkey income, separate utilities, private garages with significant ADU potential, and a vacant unit delivered at closing make this a true Northeast LA find. Don't miss it!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Above Broadway south of Figueroa
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5446027018
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Allan Vides, DRE#01377755 Avida & Associates
Nearby School & Business
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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