Lincoln Heights fourplex , ONE UNIT DELIVERED VACANT NOW HURRY !Rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect… Read More for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential with 1 Unit VACANT and Future Owner establishing Residency in the 2 bedroom unit ! The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence while utilizing the rental income to offset mortagage. Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways. Read Less
Courtesy of KELLER WILLIAMS LARCHMONT 323-762-2600
Listing Snapshot
Days Online
24
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,394
Lot Size
0.23 Acres
Year Built
1920
MLS Number
MB26111570MR
30 Days Snapshot Of 90031
$1.14M
+22%
(avg) sold price
1
-50%
home sold
55
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Range", "None"
Building
2,394 sq ft, Built in 1920, "Detached/No Common Walls", "Contemporary"
Community
"Biking", "Street Lights", "Urban", "Sidewalks"
Cooling
"Wall/Window Unit(s)"
Disclosures
"Historical"
Accessibility Features
"Other Main Level Modifications"
Fireplaces
"None"
Garage
0 total garage spaces, "Assigned", "Driveway"
Water Features
Water: "Public"
Heating
"Wall"
Home Owner's Association
Homeowner Dues: $0
Laundry
"None"
Lot
LotAcreage: 0, LotSizeArea: 9,899
Parking
CarportSpacesTotal: 0, TotalParking: 0
Pool
"None"
Property
EntryFloorNumber: 1, LandLeaseType: "Fee", NumberOfUnits: 4, ViewDescription: "Landmark", ViewYN: t
Roof
"Composition"
Sewer
"Public Sewer"
Spa
"None"
Windows
"Screens"
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