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Annie Culbertson &
Debbie Rossetto

Mobile Phone:
408-707-0340
annieculbertson@comcast.net
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Annie Culbertson &
Debbie Rossetto

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Mobile Phone:
408-707-0340
annieculbertson@
comcast.net
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Lincoln Heights CA Real Estate & Commercial for Sale

The median home value in Lincoln Heights, CA is $1,050,000. The national median home value is $308,980. The average price of homes sold in Lincoln Heights, CA is $1,050,000. Lincoln Heights real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lincoln Heights real estate agent to arrange a tour today!
Learn more about Lincoln Heights.


Showing Homes Nearby Lincoln Heights, CA
Beds:
n/a
Baths:
Sq.Ft.:
4,555
Status:
Active
MLS#:
CRPW24058986
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1906
A broker reciprocity listing Courtesy: Jerry Magdaleno - 1Vision Real Estate Jerry Magdaleno jerrymagdaleno06@gmail.com
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Step into the heart of Lincoln Heights and discover an exceptional opportunity awaiting you. This remarkable property boasts three distinct buildings: a Single Family Residence, a Four-Plex, and an ADU, each contributing to its unique charm and versatility. The main residence features a spacious layout with 5 bedrooms and 2 bathrooms, while the Four-Plex comprises 3 units offering 1 bedrooms and 1 bathroom, alongside 1 additional units with 2 bedroom and 1 bathroom. The ADU comprises of 2 bedrooms and 1 bath. With such diverse accommodations, this property presents an enticing 4.25% cap rate, providing investors with an immediate avenue for cash flow. Benefiting from recent renovations, including upgraded windows, electrical enhancements with proper permits, plumbing improvements with new water heaters (all permitted), and refreshed water sewer lines, this property ensures both modern comfort and compliance. Additionally, it boasts separate gas/electric meters and 2 water meters for added convenience and efficiency. Perfectly located mere minutes away from USC Medical Campus, Keck Hospital, downtown LA, public transportation hubs, Dodger Stadium, and major freeways, this property offers unparalleled accessibility to key amenities and destinations. Don't miss out on this prime opp

Beds:
n/a
Baths:
Sq.Ft.:
3,974
Status:
Active
MLS#:
CRWS24053168
Type:
Mixed Use, Business Opportunities
Lot size:
0.19 Acres
Year built:
1923
A broker reciprocity listing Courtesy: YUE LEI - Pinnacle Real Estate Group YUE LEI lilylei88@gmail.com
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This commercial property in the heart of Lincoln heights offers prime opportunities for builders and investors. With the potential to construct a 4-story building, featuring commercial space on the first floor and residential units on the upper levels, it presents a versatile investment prospect. Adjacent to this property the next-door "2806 N Main St" property is also available for purchase and will be sold together, providing additional development potential, Location is just west of Alhambra and minutes to LA downtown. Great mixed use property on the corner lot of N. Main & Sichel St in Lincoln High Area. Front building use as retail or light manufacture & Plus 3 individual residential units in the back, each unit with 1 bed 1 bath has its own separate address and meters. Comments Title: Store & Residential.

Beds:
n/a
Baths:
Sq.Ft.:
5,624
Status:
Active
MLS#:
CRWS24054692
Type:
Business Opportunities, Warehouse
Lot size:
0.14 Acres
Year built:
1940
A broker reciprocity listing Courtesy: YUE LEI - Pinnacle Real Estate Group YUE LEI lilylei88@gmail.com
View additional info

This commercial property in the heart of Lincoln heights offers prime opportunities for builders and investors. With the potential to construct a 4-story building, featuring commercial space on the first floor and residential units on the upper levels, it presents a versatile investment prospect. Adjacent to this property the next-door "2800 N Main St" property is also available for purchase and will be sold together. Location is just west of Alhambra and minutes to LA downtown. BUILDING HAS 3 SEPARATE ELECTRICAL METERS. FRONT UNIT IS 3500 SF. W/CENTRAL AIR & FIRE SPRINKLER. BACK UNIT TOTAL IS 2124 SF. HAS BEEN DIVDED TWO UNITS. DRIVE BY ONLY, CALL L/A FOR APPOINTMENT TO SEE INTERIOR..

Beds:
n/a
Baths:
Sq.Ft.:
3,556
Status:
Active
MLS#:
CRAR24022156
Type:
Business Opportunities
Lot size:
0.19 Acres
Year built:
1890
A broker reciprocity listing Courtesy: Rain Law - Real Estate eBroker Inc. Rain Law lawrain@gmail.com
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Location! Location ! This is a nicely maintained historical building consists of 5 individual units with own backyard and high ceiling. Located at the prime area in Lincoln Heights with beautiful view of Downtown LA. Minutes to Downtown, easy access to freeway and public transportations. 1801 right now is a store serving the nearby communities especially the opposite school. It could be easily converted into a residential studio. 1803 - 1813 are 4 separated individual units with 2 beds and 1 bath. Each units with 2 private parking spaces. Seller motivated! Great investment opportunity for first time investors as well as professional institution buyers.

Beds:
n/a
Baths:
Sq.Ft.:
4,130
Status:
Active
MLS#:
CL23320739
Type:
Business Opportunities
Lot size:
0.23 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Derrick Vartanian - Lyon Stahl Investment Real Estate, Inc. Derrick Vartanian derrick@lyonstahl.com
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We are pleased to present 221 S Avenue 19 Apartments: an eight (8) +1 partially permitted private suite multifamily investment located in the heart of the Lincoln Heights submarket of Los Angeles. The property also includes Ready-To-Issue Permits for the construction of two ADU units consisting of two Studio units that will be situated near the rear of the large 9,952 SF lot zoned LA-R1.5. These three, single story, wood frame stucco buildings were built in 1923, 1924, and 1925and consist of 4,130 SF of living area with eight (8) on-site parking spaces. In addition to the 4,130 SF of living area, the ADU additions will add an additional 800 SF of living area to the property when completed. The front Two Bedroom unit was recently subdivided into one(1) Studio suite unit and (1) 1 Bedroom / 1 Bathroom unit with partial permits from the city of Los Angeles (Buyer to verify and complete all due diligence as to the legality of said partial permit | Ask Listing Agent for details regarding this new private suite and permits in place).The property currently features seven (7) One Bedroom | One Bathroom units, one (1) Two Bedroom | one Bathroom unit, and one (1) Studio Suite style unit (Buyer to verify and complete all due diligence as to the legality of said permit). The 2 Bedroom unit h

Beds:
n/a
Baths:
Sq.Ft.:
3,120
Status:
Active
MLS#:
CRAR24050932
Type:
Business Opportunities, Warehouse
Lot size:
0.12 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Sharon Liu - Re/Max Premier Prop Arcadia Sharon Liu sharonliu.remax@gmail.com
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Charming commercial property on a busy street with 2 units side by side. First time on the market in the last 50 years. A very rare opportunity to own this unique property in this fast growing area with a vibrant and dynamic neighborhood with lots of potential. One unit is currently a pet store and the other unit is vacant; perfect for you to run your own business. The property has been well maintained with each unit consisting of 1,560 square feet, its own meter, high ceilings, a bathroom and large backyard. Busy area with high foot traffic and parking on the street. Great opportunity to start your own business or own an income property with future potential.

Beds:
n/a
Baths:
Sq.Ft.:
4,360
Status:
Active
MLS#:
CRPW24059683
Type:
Mixed Use, Business Opportunities
Lot size:
0.07 Acres
Year built:
1895
A broker reciprocity listing Courtesy: Charles Lee - One Group Realty Charles Lee CHARLESLEE@ONEGROUPREALTY.COM
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Nestled in the vibrant neighborhood of Lincoln Heights, this captivating mixed-use income property unveils a unique opportunity for investors. Its ground floor boasts a bustling neighborhood market and liquor store, drawing in locals and visitors alike. Above, FOUR 1 Bedroom AND 1 Bathroom Apartments offer cozy retreats, while a charming 832 square feet 2 Bedroom and 1 Bathroom house at the rear provides a serene escape from the urban bustle. Surrounded by Lincoln Heights's energy and easy access to the freeway, the property is ideally situated for both commercial and residential endeavors. With Low Month to Month Lease APT Units can be a promising investment opportunity with significant potential upside for future development and growth. Investors keen on tapping into the dynamic real estate landscape of Los Angeles will find this type of PROPERTY compelling, offering short and long-term value appreciation.

Beds:
n/a
Baths:
Sq.Ft.:
9,897
Status:
Active
MLS#:
CRAR24005836
Type:
Business Opportunities
Lot size:
0.36 Acres
Year built:
1926
A broker reciprocity listing Courtesy: Han Chen - Growth Investment Group Pasade Han Chen han.chen@growthinvestmentgroup.com
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A 32-unit mixed-use residential/SRO/retail community in Lincoln Heights neighborhood, Los Angeles. It offers a strategic location right across from multiple major hospitals and medical centers Los Angeles General Hospital, USC Health Science Campus, LA County Department of Medical Examiner, and other health science related industries. It offers high CAP Rate of 6.14% and Cash-on-cash return of 8.93% (buyer to verify). The property was built in 1926 and subject to the City of Los Angeles Rent-Stabilization ordinance. It sits on 2 parcels totaling 9897sf Building size and situated on a 15,821SF square feet of land. The property is a 3-story building with open lot parking. Part of the ground floor units are leased to 2 retail/commercial tenants (restaurant), and the remaining portion of ground floor unit is set up for communal living kitchen and living room. The residential units are located on the 2nd and 3rd floors. The unit mix is as follows: 2 Studio units, 18 Single Room Occupancy units, and 10 Co-Living units. The co-living kitchen and living room area have been upgraded with high-end upgrades and appliances. It has common area laundry rooms (sellers own units), and a common garden area. Parking is provided by 26 open spaces and 2 additional spaces that are reserv

Beds:
n/a
Baths:
Sq.Ft.:
4,142
Status:
Active
MLS#:
CL24364065
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1897
A broker reciprocity listing Courtesy: David Weinberger - Keller Williams Studio City David Weinberger david@swgrp.com
View additional info

6 Units and commercial retail unit Delivered Vacant! 1818 N Broadway presents an exceptional opportunity for investors in Lincoln Heights. This well-maintained two-story apartment building, steeped in history with its construction dating back to 1897, spans 4,142 square feet and comprises 18 residential units alongside a retail space, all set on a generous 7,412-square-foot lot, complete with 14 parking spaces. Designed to cater to a diverse range of tenants, the unit mix includes (15) Bachelors ( 2) 1-bedroom + 1-bathroom units, (1) Studio, and a commercial unit, ensuring broad appeal to prospective tenants. With 6 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in vibrant Lincoln Heights, a historic neighborhood known for its diverse community, rich cultural heritage, and architectural landmarks. Situated northeas

Beds:
n/a
Baths:
Sq.Ft.:
7,037
Status:
Active
MLS#:
CRSB23200114
Type:
Office, Business Opportunities
Lot size:
0.39 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Cameron Samimi - Lyon Stahl Investment Real Estate, Inc. Cameron Samimi cameron@lyonstahl.com
View additional info

Opportunity to owner/occupy creative office space or develop land. Two Parcels Totaling 17,175 SF of Land. Building Measures 7,037 SF. Zoned LAUV. TOC Tier 1. Located in CASP. Located in Opportunity Zone.

Beds:
n/a
Baths:
Sq.Ft.:
6,986
Status:
Active
MLS#:
CL24381279
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1975
A broker reciprocity listing Courtesy: Michael Dixon - NAI Capital, Inc. Michael Dixon Mdixon@NAICapital.com
View additional info

The Baldwin Street Apartments are in a highly desirable location in Lincoln Park, providing easy access to the 5 freeway and is a just a short 10-15-minute drive to popular restaurants, shopping centers, and top-ranked Medical educational institutions. Located in the heart of Lincoln Park, the property is near the University of Southern California Health Sciences Campus Los Angeles County and is conveniently positioned with just a short drive to Burbank, North Hollywood and Glendale. Significant local landmarks within a 20-mile radius include: Griffith Observatory, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. Totaling 9 -units, The Baldwin Street Apartments is a 2-story property, built in 1975. A double lot situated on 7502 square feet of land and a total building size of 6986 square feet, the property features a unique unit mix of eight 1 bed one bath & a singular 4-bedroom 2 bath unit. The units feature wall air conditioning and heating, ceiling fans, vertical blinds and kitchens with quality appliances. There is a large amount of uncaptured potential revenue, including instant additional income when you start charging for laundry and for on-site parking. City has said two ADU could be added to this site. Please confirm with city.

Beds:
n/a
Baths:
Sq.Ft.:
3,044
Status:
Active
MLS#:
CRHD24059609
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1895
A broker reciprocity listing Courtesy: Karla Carrillo - RE/MAX FREEDOM Karla Carrillo kcarrillo@remax.net
View additional info

Welcome to this great investment opportunity, the main house features 4 beds and 2 baths (stand alone) The back detached building features 4 units that are each 1 bed and 1 bath. This amazing property is centrally located on a cul-da-sac in a quiet and stable neighborhood. Within walking distance from Prospect park with a newly installed play structure. Close proximity to Union Station, Mariachi Plaza, Keck USC, 101 and 5 freeway. Don't miss out on this perfect investment opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
12,052
Status:
Active
MLS#:
CL24356871
Type:
Business Opportunities
Lot size:
0.34 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Enrique Viramontes - Remax Commercial and Investment Realty Enrique Viramontes eviramontes@remaxcir.com
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Introducing this 18-unit multifamily investment comprised of an excellent mix of fourteen (2 bd + 1 ba) and four (1 bd + 1 ba) units. 1684 Murchison St is located walking distance to Keck Medical Center of USC, USC Health Sciences Campus and LAC+USC Medical Center. California State University, Los Angeles is also a short 5-minute drive away. Its central location and close proximity to the 10, 5 and 101 Freeways provide tenants access to various entertainment and work hubs in Downtown Los Angeles. All units are separately metered for gas and electricity. Soft story retrofit and new roof installation were completed in 2022.

Beds:
n/a
Baths:
Sq.Ft.:
3,930
Status:
Active
MLS#:
CRBB24034190
Type:
Mixed Use, Business Opportunities
Lot size:
0.27 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Linda Knutson - BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate Linda Knutson Linda4realestate@ymail.com
View additional info

This mixed-use parcel consists of 3 structures: an 1,136 sq.ft. commercial building (under lease); a 1,504 sq.ft. office building currently used as two residential units (one unit is tenant occupied (under lease), and the other unit is occupied by a family member); a 1,290 sq.ft. duplex (one unit is occupied and one unit is vacant). Property being delivered in as-is condition with current tenants.

Beds:
n/a
Baths:
Sq.Ft.:
29,096
Status:
Active
MLS#:
CRPW24056719
Type:
Business Opportunities
Lot size:
0.68 Acres
Year built:
1988
A broker reciprocity listing Courtesy: Steven Bogoyevac - Steven M. Bogoyevac, Broker Steven Bogoyevac steve.bogoyevac@marcusmillichap.com
View additional info

M2649 Marengo Street is a 24-unit apartment property for sale in Los Angeles Boyle Heights neighborhood. The propertys desirable unit mix, spacious floor plans, huge upside potential, and great location proximate to Downtown Los Angeles amenities make this an excellent value-add opportunity. 2649 Marengo Street is a three-story, 29,096-square foot 1988 construction with a strong mix of six one-bed/one-bath, 10 two-bed/one-bath, six three-bed/two-bath, and two four-bed/two-bath units. The units boast extra large floor plans, making this property an attractive rental option. Each building has its own laundry room, and the property also offers a playground, 29 surface parking spots, and 22 tuck-under parking spots. Located in Boyle Heights, the property has easy access to Downtown Los Angeles entertainment and major employers, such as the nearby USC Medical Center. Boyle Heights proximity to Downtown has also made it a target of redevelopment in recent years, with nearby developments including new student housing, expansion at the medical center, a new hotel, and more.

Beds:
n/a
Baths:
Sq.Ft.:
5,216
Status:
Active
MLS#:
CRPW24071520
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Andrew Munoz - Keller Williams Pacific Estate Andrew Munoz andrew@elevarrealestate.com
View additional info

Welcome to this absolutely stunning 5 unit income producing property for sale in prime Boyle Heights, this offering presents an excellent opportunity for any investor to capitalize on positive initial cash flow while having the ability to add value for strong rental upside in one of the most gentrifying markets of Los Angeles. Perfectly located on a corner lot with private alley access allows you truly appreciate this amazing setup. You have a 4 unit building consisting of four 2 bed 1 bath units over 1,000 sqft each and a separate detached 3 bedroom 2 bath single family home with its own two car garage giving you the ability to convert into an ADU and increase the value. All 5 units are individually metered and the single family home has its own water meter as well making it two water meters for the property. You have the potential for major upside while collecting very healthy rents. You generate up to $14K in rents a month, huge upside! Located in a very desirable location, within walking distance to shopping centers, restaurants, USC Medical Center, White Memorial Hospital, DTLA and much more. Tenants will love the convenience of being within walking distance to Soto Station, as well as a plethora of other rapidly developing amenities in the area that are driving ongoing g

Beds:
n/a
Baths:
Sq.Ft.:
6,156
Status:
Active
MLS#:
CL24370985
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Dan Stueve - Equity Union Dan Stueve dan@danstueveproperties.com
View additional info

An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.

Beds:
n/a
Baths:
Sq.Ft.:
6,156
Status:
Active
MLS#:
CL24368707
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Dan Stueve - Equity Union Dan Stueve dan@danstueveproperties.com
View additional info

An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.

Beds:
n/a
Baths:
Sq.Ft.:
5,930
Status:
Active
MLS#:
CROC24045869
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Nathan Gruber - The Group Realty, Inc. Nathan Gruber nathan.gruber@thegrouprealty.com
View additional info

Opportunity for mixed-use housing and retail in the Boyle Heights neighborhood. The property consists of two buildings on the same lot. Building one is a residential, two-story building and includes: (2) one-bedroom apartments and (1) two-bedroom apartment, (7) one-room occupancy units with two shared bathrooms and one shared kitchen. Building two is a one-story building that is currently leased to a market/liquor store. It is nicely located on a corner lot with access from an alley. With the current Boyle Heights development plan underway, this is a value-ad opportunity that offers a strong cap rate based on current rental income. The property is conveniently located with quick access to freeways, downtown and a mile to USC Medical Center.

Beds:
n/a
Baths:
Sq.Ft.:
10,364
Status:
Active
MLS#:
CL24362963
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1929
A broker reciprocity listing Courtesy: David Weinberger - Keller Williams Studio City David Weinberger david@swgrp.com
View additional info

13 Units Delivered Vacant! 323 N. Soto Street presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1929, encompasses 10,364 square feet and comprises 40 units on a 6,993 square-foot lot. The unit mix is comprised of of (36) Studios/Bachelor units with bathrooms & (4) 1 Bed + 1 Bath units, catering to a diverse range of tenants. With 13 vacancies currently available, significant potential exists for a new owner to implement a value-add strategy. Conducting renovations of individual units and common areas to reposition the asset can result in market rental rates offering flexibility for short-term or long-term tenancies. A new owner can also participate in the Section 8 Housing program through entities like HACLA or its subsidiary programs such as PATH. Strategically located in the vibrant Boyle Heights neighborhood, just west of downtown Los Angeles, 323 N. Soto Street benefits from its central location. The area boasts a dense population and a strong working-class community. Residents enjoy convenient access to amenities such as MacArthur Park, popular taco trucks, and efficient public transportation options, including bus and metro lines. Major employers such as Kaiser Permanente, Bank

Beds:
n/a
Baths:
Sq.Ft.:
5,515
Status:
Active
MLS#:
CRPW24004094
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1940
A broker reciprocity listing Courtesy: Rick Applebaum - Morgan Skenderian Rick Applebaum rma@morganskenderian.com
View additional info

Pleased to present 960-968 Yale Street, a well-maintained nine-unit apartment building located in Los Angeles (Chinatown). This opportunity, which is situated over two separate parcels, is comprised of (3) bachelor units, (3) one-bedroom/one-bathroom single-story units, (1) three-bedroom/one-bath single-story unit, and (2) four-bedroom/two bathroom units. Throughout the years, current ownership has upgraded all of the interiors and the exterior including new roof(s), new windows, new exterior paint, upgraded kitchens and bathrooms, and new flooring. Priced at a 6.6% cap rate on current numbers, this is one of the best opportunities in the marketplace.

Beds:
n/a
Baths:
Sq.Ft.:
3,184
Status:
Active
MLS#:
CRDW24046404
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Amparo Gastelum - Max Real Estate Amparo Gastelum realtoramparo@hotmail.com
View additional info

An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 6- unit 6 bedrooms 1 bath each. With with washer and dryer hook ups. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters Property has a brand-new roof. The signs of gentrification are clear as new development and companies moving into the area.

Beds:
n/a
Baths:
Sq.Ft.:
4,522
Status:
Active
MLS#:
CRDW24046995
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1922
A broker reciprocity listing Courtesy: Amparo Gastelum - Max Real Estate Amparo Gastelum realtoramparo@hotmail.com
View additional info

An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community.7 units all separate like small bungalows 2 are 2 bedrooms 1 bath each. 4 are 1 bedroom 1 bath each 1 is a house 3-bedroom 1 bath, Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters.

Beds:
n/a
Baths:
Sq.Ft.:
9,229
Status:
Active
MLS#:
CL24364103
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1926
A broker reciprocity listing Courtesy: David Weinberger - Keller Williams Studio City David Weinberger david@swgrp.com
View additional info

28 UNITS CURRENTLY VACANT! OPTION TO PURCHASE AS A PORTFOLIO (90 UNITS TOTAL). 2221 Michigan Ave presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1926, encompasses 9,229 square feet and comprises 32 units on a 6,053-square-foot lot. The unit mix consists of (24) Bachelors, (6) Studios, and (2) one bedroom + one bathroom units, catering to a diverse range of tenants. With 28 vacancies currently available, you can seize the opportunity to implement a value-add strategy and elevate the property to its full potential. By undertaking targeted renovations of individual units and common areas, you can position the asset to command premium market rental rates, offering flexibility for short-term and long-term tenancy arrangements. Participation in programs like the Section 8 Housing initiative through entities such as HACLA or PATH further enhances the property's appeal. Strategically located in the vibrant Boyle Heights neighborhood, just west of downtown Los Angeles, 2221 Michigan Ave benefits from its central location. The area boasts a dense population and a strong working-class community. Residents enjoy convenient access to amenities such as MacArthur Park, popular taco trucks, and eff

Beds:
n/a
Baths:
Sq.Ft.:
6,022
Status:
Active
MLS#:
CRDW23159633
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1927
A broker reciprocity listing Courtesy: Amparo Gastelum - Max Real Estate Amparo Gastelum realtoramparo@hotmail.com
View additional info

An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 5- unit 2 bedrooms 1 bath each. With 4 parking spaces with washer and dryer hook ups each unit is 1200 of living space. Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters. Schools Breed st elementary, Hollenbeck middle and Rosevelt High school are within walking distance as are major parks Ross Valencia community park and historical Hollenbeck Park. The signs of gentrification are clear as new development and companies moving into the area.


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/24/2024.

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