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For sale
  • Listing Provided by: 

    Gil Legaspi DRE #01265976 562-305-0788,

    Legaspi Commercial

    $1,998,888

    2432 Daly St, Los Angeles, CA 90031

    12beds
    12baths
    6,619sqft
    : 
    Mixed Use
    Built in 1929
    -- sqft lot
    $1,884,400 Zestimate®
    $302/sqft
    $-- HOA

    What's special

    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.
    36 days
    on Zillow
    |
    147
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 04:34pm

    Listing Provided by:

    Gil Legaspi DRE #01265976 562-305-0788,

    Legaspi Commercial

    Source: CRMLS,MLS#: DW25144003MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,619
    • Total interior livable area: 6,619 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 8,995 Square Feet
    • Features: 0-1 Unit/Acre, Rectangular Lot
    Details
    • Parcel number: 5204012014
    • Zoning: LAC4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $302/sqft
    • Tax assessed value: $1,090,517
    • Annual tax amount: $16,812
    • Date on market: 6/26/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Exclusions: Tenant and Owners Personal Property
    • Total actual rent: 15146
    • Tenant pays: Trash Collection
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