
Description
We are pleased to present a five (5) unit apartment building located at 2922 Lincoln Park Avenue in Los Angeles, California. The subject property is positioned in a solid Lincoln Heights location, north of North Broadway and east of Griffin Avenue. Built in 1904, this property contains a great unit mix of one (1) one bedroom / one bathroom units, three (3) two bedroom / one bathroom units, and one (1) three bedroom / one bathroom unit. The lot is large at 7,493 square feet with plenty of on-site parking available in the back. Tenants will enjoy being within short driving distance to great restaurant and retail amenities on North Broadway. Some of these include Esmeralda Zumba Studio, Kailey's Cafe, Champion Donuts, HM157 Art Center, The Heights Deli & Bottle Shop, Otis Fashion Boutique, and Replika Vintage. Outdoor recreation at Lincoln Park & Plaza de la Raza is also available less than a mile south from the subject property. Situated in a solid Lincoln Heights location, this offering presents an excellent opportunity for an any investor to capitalize on over 90% rental upside potential.
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10BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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2,985SQFT
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$369$/SQFT
School Ratings & Info
Description
We are pleased to present a five (5) unit apartment building located at 2922 Lincoln Park Avenue in Los Angeles, California. The subject property is positioned in a solid Lincoln Heights location, north of North Broadway and east of Griffin Avenue. Built in 1904, this property contains a great unit mix of one (1) one bedroom / one bathroom units, three (3) two bedroom / one bathroom units, and one (1) three bedroom / one bathroom unit. The lot is large at 7,493 square feet with plenty of on-site parking available in the back. Tenants will enjoy being within short driving distance to great restaurant and retail amenities on North Broadway. Some of these include Esmeralda Zumba Studio, Kailey's Cafe, Champion Donuts, HM157 Art Center, The Heights Deli & Bottle Shop, Otis Fashion Boutique, and Replika Vintage. Outdoor recreation at Lincoln Park & Plaza de la Raza is also available less than a mile south from the subject property. Situated in a solid Lincoln Heights location, this offering presents an excellent opportunity for an any investor to capitalize on over 90% rental upside potential.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-28T23:42:36.747. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.