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$ 1,998,888
Est. payment /mo
New
2432 Daly ST Los Angeles, CA 90031
8,995 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25144003
HOA Y/N No
Year Built 1929
Lot Size 8,995 Sqft
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAC4
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights, Sidewalks
Roof Type Flat
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5204012014
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Gil Legaspi Legaspi Commercial 562-305-0788
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