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
$-- Zestimate®
$302/sqft
$-- HOA
What's special
- 103 days |
- 125 |
- 3 |
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