Description
Excellent mixed-use investment opportunity in lincoln heights – 2432 daly st. los angeles 90031. offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant lincoln heights neighborhood presents a rare investment opportunity. featuring a strong 6.35% cap rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. the unit mix includes:(2) street-level commercial storefronts,(8) one-bedroom, one-bath residential units and (2) two-bedroom, one-bath residential units. spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. all units are individually metered for gas and electricity. located near downtown los angeles, the lincoln heights area continues to benefit from strong rental demand and increasing property values. with an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor's portfolio.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50281131
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Flat
-
Exterior Features
Building Information
- Year Built: 1929
- Building Area Total: 6,619
- Roof: Flat
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2065
- Lot Size Source: Assessor
- Lot Size Square Feet: 8995
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Listing Information
Listing Price Information
- Original List Price: 1,998,888
- Listing Contract Date: 2025-06-25
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5204012014
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Trash Collection
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 677 - Lincoln Hts
- Postal Code Plus 4: 2295
- Directions: North of Broadway/South of Pasadena Ave.
- Zoning: LAC4
- Source Property Type: Residential Income
- Area: 677 - Lincoln Hts
- Property SubType: Mixed Use
Building and Construction
- Property Age: 96
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Street
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/28/2025 @ 00:06
- MLS: DW25144003
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 6,619 sqft, 8,995 sized lot, and 0 parking. are nearby neighborhoods.