BANK FORECLOSURE! REO! ACT QUICKLY! Eight (8) unit apartment building located in the Lincoln Heights area of Los Angeles. The subject property was built in 1964 and is 6,020 SF on a 7,492 SF lot. Four units are 2Br + 1Ba and four units are 1Br + 1Ba. Two units are currently vacant. There is a rear laundry room that does not appear to be in service, but could be made operational in the future. There are separate gas and electric meters and rear open parking. The property is located north of Broadway and very close to Abraham Lincoln High School. It is quite close to Mission and Soto, which connect Lincoln Heights to El Sereno and Boyle Heights, as well as the 5 and 10 Freeways. To the south of the property less than two miles is the USC County Hospital, a major employer that could provide a nice tenant base in the future.
Off market
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$1,421,900
2816 Lincoln Park Ave, Los Angeles, CA 90031
--beds
0baths
6,020sqft
MultiFamily
Built in 1964
-- sqft lot
$1,421,900 Zestimate®
$236/sqft
$2,954 Estimated rent
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Estimated market value
$1,421,900