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2603 Lincoln Park Avenue Lincoln Heights, CA 90031
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Key Details
Sold Price $660,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR21109733
Sold Date 12/28/21
Bedrooms 9
HOA Y/N No
Lot Size 7,444 Sqft
Property Description
Cash Buyer only! GREAT INVESTMENT OPPORTUNITY! Live in one unit and rent other unit. This wonderful units was last remodeled in 2009 and comes with new roof, copper plumbing, updated electrical and windows. Front unit(built in 1971) has 3 bedrooms, 2 bathrooms, 980 sqft., dining area, central air, and remodeled kitchen (granite counter tops, wood cabinets, and stainless steel appliances). Front unit also features a remodeled bathroom and outdoor laundry room. Back unit(built in 1972) has 3 bedrooms, 1 bathroom(8 years tenant) with a remodeled kitchen and an indoor laundry area. The last unit--Basement(built in 1885) features a 3 bedrooms and 1 bathroom (28 years tenant) With ample parking, this property fits up to 5 cars in the driveway and 2 more in the garage. Come see this great residential income property which is conveniently located near Downtown LA, the Art District, Dodger Stadium, Little Tokyo History Core, Chinatown, Pasadena, USC Medical Center, Cal State LA, and public transit. Easy access to the 10 and 5 freeway and walking distance to Lincoln Park High School. Tenants pay their own utilities. All the stable long term tenants pay their rent ON TIME every month. SUBMIT CASH OFFERS
Cash Buyer only! GREAT INVESTMENT OPPORTUNITY! Live in one unit and rent other unit. This wonderful units was last remodeled in 2009 and comes with new roof, copper plumbing, updated electrical and windows. Front unit(built in 1971) has 3 bedrooms, 2 bathrooms, 980 sqft., dining area, central air, and remodeled kitchen (granite counter tops, wood cabinets, and stainless steel appliances). Front unit also features a remodeled bathroom and outdoor laundry room. Back unit(built in 1972) has 3 bedrooms, 1 bathroom(8 years tenant) with a remodeled kitchen and an indoor laundry area. The last unit--Basement(built in 1885) features a 3 bedrooms and 1 bathroom (28 years tenant) With ample parking, this property fits up to 5 cars in the driveway and 2 more in the garage. Come see this great residential income property which is conveniently located near Downtown LA, the Art District, Dodger Stadium, Little Tokyo History Core, Chinatown, Pasadena, USC Medical Center, Cal State LA, and public transit. Easy access to the 10 and 5 freeway and walking distance to Lincoln Park High School. Tenants pay their own utilities. All the stable long term tenants pay their rent ON TIME every month. SUBMIT CASH OFFERS
Location
State CA
County Los Angeles
Area Los Angeles (90031)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Lot Description Curbs
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Exchange
Listing Terms Exchange
Financing Cash
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Bought with SHAWN LUONG • CENTURY 21 MASTERS