$1,700,000
FOR SALEActive236 E Avenue 39
Los Angeles CA 90031
5,648
SF
Multi-Family
Type
1965
Built
$301/SF
Cost/SF
Listing Agent
Location Analysis
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 Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.1722 acres
Lot Size
6
Total Units
5,648 SF
Square Footage
$300.99/SF
Price per SF
$55K
NOI
1,965
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
$54,666
NOI
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CRMLS
MLS# TR26204170
Listed:
Nalren refreshed:
Last updated
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Listed by: 168 Realty Inc.
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.