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.
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
Est.:
Mixed Use
Built in 1929
-- sqft lot
$1,884,400 Zestimate®
$302/sqft
$-- HOA
What's special
- 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#: DW25144003
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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