For Sale! Great opportunity to purchase [3] Units/Triplex in the city of Lincoln Heights. Units consists of the following: Detached [Unit #1 2329]: Front house: 3 Bedrooms 1 Bathroom, porch area, formal living room, open kitchen area with pantry, dining area, indoor laundry room, central heating and air; [Unit #2 2329-A]: 2 Bedrooms 1.00 Bathroom; [Unit #3 2329-B]: 2 Bedrooms 1.00 Bathroom. Each unit is individually metered consisting of the following: (3) Gas meters, (3) electrical meters, (2) water meters, one for the front unit and one meter is shared by the rear units. Long driveway connects to rear cemented parking area. Located in a prime area, near 5 Freeways, less than 3 Miles from Dodger Stadium, less than 1 mile from Los Angeles General Medical Center, USC Health Sciences Campus and +/- 3.5 Miles to Downtown Los Angeles and Cal State University Los Angeles. Great upside potential. Great addition to any real estate portfolio or real estate schedule.
A Nice 4-unit with a large lot Near 10,000 Sf. It's located in the downtown Lincoln Heights area, near Chinatown, close shopping, banks, Bus stop, CVS, Library at the Same Street, walk distance to all conveniences. There are 3 buildings plus approx. 600 large storage structures in the rear(permit unknown). The total building size is 3470 Sf. The site address is 2432, 2432 1/2, 2434 and 2436 Workman. The front building has 2184 Sf. has 2 units, 2434 and 2432 1/2, Unit 2434 has 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; Unit 2432 1/2 unit is 1 bedroom, 1 bath. rented $1500. The Seller spent $30,000 to remodel this unit including new interior paint, new water heater, all new dual windows, new laminated flooring, kitchen with new countertop, new cabinets, tile floor, the full bathroom with new tub, new toilet and new cabinet. This unit has a high ceiling, bright and airy, good for family living. the 2nd building built in 1904, 544 Sf. 1 bedroom, one bath; the rear unit was built in 1914, 742 Sf., 2 bedrooms, 1 bath, with fenced large well kept back yard. There are 4 electric meters, 4 gas, and 4 waste / trash services accounts. Tenants pay their own utilities including trash except water. Seller Note, the property is located at the rent control area. The current rent is a lot below the market, it hasn't been increased for many years, and has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make the offer subject to interior inspection. Please don't walk on the property, Thank you for your cooperation.
Lincoln Heights is located in California. Lincoln Heights, California has a population of 1,974,888.
The median household income in Lincoln Heights, California is $54,501. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Lincoln Heights is 35.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 16.7 inches per year, with 0 inches of snow per year.