$ 785,000
-
$785,000
Price -
5
Bed -
4
Bath -
2,394
SqFt
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About the Listing 98700 - M440698
Lincoln Heights fourplex , 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 for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential with the possibility of Delivering 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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
MB26111570
Year Built
1920
Total Square Footage
2,394
Lot/Acreage
0.23
County
Los Angeles
Area
677 - Lincoln Hts
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Gas Cooktop, Gas Range
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Front Yard,Near Park,Near Public Transit,Walkstreet,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Composition
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5210020012
- Tax Year: N/A
Payment Calculator
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Questions About..
2229 Hancock St Los Angeles, CA 90031
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