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Commercial Property — 236 E Avenue 39, Los Angeles, CA

$1,700,000

236 E Avenue 39, Los Angeles, CA

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About this property

Don’t miss this prime investment opportunity in Lincoln Heights—a stable income property conveniently located near the 110 and 5 freeways. On the market for the first time in 35 years under the same ownership, this two-story, 6-unit apartment building features all 2-bedroom, 1.5-bathroom units with separate electric and gas meters, on-premise parking, and long-term tenants providing reliable income. The property boasts key updates including a new roof and downspouts replaced two years ago and full repiping done 15 years ago, plus immediate upside potential with one newly remodeled unit vacant and ready for rent. Please do not disturb tenant. Showing will be available upon accepted offer.

Property details

Square feet
5,648
Year built
1965
Property type
Commercial Sale
Lot size
7,503 sqft

Location

236 E Avenue 39 • Los Angeles, CA 90031

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Listed by

Elsa Wu · 168 Realty Inc.

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