For Sale! RARE opportunity to purchase (3) Units 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. Large 7,424 Sq.Ft LOT, 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.
Welcome to your next lucrative investment in Los Angeles! This exceptional seven-unit multi-family property is now available and ready to generate steady rental income. Located in the vibrant community of Lincoln Heights, this property offers a fantastic opportunity.This seven unit represents an excellent investment opportunity in a thriving rental market. Perfect for investors or a family that wants to produce income and live on the property. First time on the market since 1969. Family owned and operated for 54 years. One unit has 3 bedrooms and 2 baths, two units have 2 bedrooms and 1.5 baths, the other four units are spacious 1 bedroom, 1 bath each (one unit has an additional bonus room used as a 2nd bedroom). Wonderful lot size to host with a private back yard and plenty of parking. two garages, one is 2 car garage and the other is a one car garage. Convenient location with easy access to Downtown L.A., Walt Disney Concert Hall, Chinatown, Crypto.com Arena, Dodger Stadium, CAL State LA, Metro link, freeways (5,60,110,10,101), DMV, private and public schools, Los Angeles Medical Center, Keck School of Medicine of USC, Nightlife, Public transportation. Many Landmarks near, Lincoln Park Historic district, Los Angeles State Historic Park that host many events, Elysian Park, San Antonio Winery, The Brewery Art Colony, Heritage Square Museum. Walking distance to shopping stores, library and restaurants, perfect for outdoor dining.
Lincoln Heights is located in California. Lincoln Heights, California has a population of 1,951,220.
The median household income in Lincoln Heights, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Lincoln Heights is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
