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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$785,000

Est. payment - /mo

9,896 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26111570

HOA Y/N No

Year Built 1920

Lot Size 9,896 Sqft

Property Sub-Type Quadruplex

Property Description

Lincoln Heights fourplex , rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential with the possibility of Delivering 1 Unit VACANT and Future Owner establishing Residency in the 2 bedroom unit ! The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence while utilizing the rental income to offset mortagage. Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Gas Range

Laundry None

Exterior

Parking Features Assigned, Driveway

Pool None

Community Features Biking, Street Lights, Sidewalks, Urban, Park

View Y/N Yes

View Landmark, Neighborhood

Roof Type Composition

Accessibility Parking

Private Pool No

Building

Lot Description Front Yard, Near Park, Near Public Transit, Walkstreet

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Contemporary

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5210020012

Acceptable Financing Contract, Submit

Listing Terms Contract, Submit

Special Listing Condition Standard

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Listed by JOSEPHINE SAN LUCAS KELLER WILLIAMS LARCHMONT 562-843-8748, DRE #01308257

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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2229 Hancock ST Los Angeles, CA 90031

Rene Ramirez

Key Details

Location

Interior

Exterior

Building

Others

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NEARBY SCHOOL & BUSINESS

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2229 Hancock ST