$ 688,900
-
$688,900
Price -
6
Bed -
3
Bath -
3,300
SqFt
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About the Listing RC01 - ROWENPAT
Investor GOLD MINE! Not only do you get three 2/1 units, but the lot is zoned R3 and most properties on this side of the block are 8+ units! The lot is flat in front, but sloped in the rear, so you have building potential on the hill to capture amazing city lights views, including Chavez Ravine and Catalina! If it were renovated and rented at market value then this property is easily worth 1.3M, but add more units or a dream house on the hill and you could be looking at millions of dollars in property value! There is a down-side... Two of the three units are occupied and pay way under market rent. The third unit is occupied by a relative of the former tenant and has not paid rent since the tenant moved out, so he is considered a squatter. A 3-day Notice was served already. Both paying tenants are open to discuss relocation assistance. The upside is incredible, so hurry and make your offer subject to interior inspection TODAY!!!
Listing Highlights
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
RS26119870
Year Built
1910
Total Square Footage
3,300
Lot/Acreage
0.33
County
Los Angeles
Area
677 - Lincoln Hts
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 289 X 50
- Zoning: LARD3
- Roof:
- Others: 2+ Total Units
- Sewer: Unknown
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5211014021
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2312 Lincoln Park Los Angeles, CA 90031
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