REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$750,000

Est. payment - /mo

8,672 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26161097

Construction Status Fixer

HOA Y/N No

Year Built 1913

Lot Size 8,672 Sqft

Property Sub-Type Quadruplex

Property Description

FIXER*** FIXER***FIXER***FIXER*** VIEWING SATURDAY AUGUST 8 11AM TO 11:30 AM

Value-Add Fourplex on Large R3-1 Lot in Lincoln Heights

Built in 1913, this charming two-story Craftsman-style property has been converted into four one-bedroom, one-bathroom units. Rich in character and architectural appeal, the building presents an exceptional opportunity for investors seeking a value-add asset.

The property requires substantial rehabilitation, making it ideal for buyers looking to renovate and maximize its long-term potential. It is subject to Los Angeles rent control, with long-term tenants currently in place, providing stable occupancy while offering future upside.

Situated on a generous R3-1 zoned lot, the property may offer the potential to add two ADUs or two additional dwelling units, subject to buyer verification and approval by the City of Los Angeles.

Located in the highly desirable Lincoln Heights neighborhood, the property is just 10 minutes from Downtown Los Angeles and enjoys convenient access to major freeways, public transportation, shopping, dining, schools, parks, and other neighborhood amenities. The area is well established and continues to benefit from ongoing investment and redevelopment, making this an attractive opportunity for investors with a vision.

Property Highlights:

Built in 1913
Two-story Craftsman-style building
Four 1-bedroom, 1-bathroom units
Significant rehabilitation needed
Subject to Los Angeles Rent Stabilization Ordinance (rent control)
Long-term tenant occupancy
Large R3-1 zoned lot with potential for additional development (buyer to verify)
Possible opportunity for two ADUs or two additional units
Prime Lincoln Heights location
Approximately 10 minutes to Downtown Los Angeles
Close to public transportation, shopping, restaurants, schools, parks, and major commuter routes
This is a rare opportunity to acquire a classic Los Angeles income property with renovation and development potential in one of the city's historic and evolving neighborhoods. Buyer is advised to independently verify all zoning, development potential, and applicable regulations with the City of Los Angeles.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning R3-1

Interior

Interior Features High Ceilings, Multiple Staircases, Wood Product Walls

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Assigned, Detached Carport, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Fishing, Lake, Sidewalks, Urban, Park

View Y/N No

View None

Accessibility Parking

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5210031019

Acceptable Financing Cash, 1031 Exchange

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Read Less Info

CRMLS Full IDX Feed (MAIN Website Search)

Listed by FELIPE ACUNA CENTURY 21 REALTY MASTERS 213-712-2797, DRE #01066186

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches

Serving Arizona

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

3212 Baldwin Los Angeles, CA 90031