211 S Ave 19 Los Angeles, CA 90031
3,358 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID MB25220017
HOA Y/N No
Year Built 1890
Lot Size 3,358 Sqft
Property Sub-Type Duplex
Property Description
An incredible and rare opportunity awaits in the vibrant heart of Lincoln Heights! This versatile Duplex, which will be delivered fully vacant at the close of escrow, is the perfect property for savvy investors or owner-occupants looking to generate significant rental income.
Situated in a highly central location, this property offers an ideal unit mix to maximize your returns. It features two spacious two-bedroom, one-bathroom units and a charming top-floor studio with one bathroom. The vacant delivery allows you to immediately place tenants at current market rates, creating a strong cash-flowing asset from day one. For those looking to live in one unit, you can have your tenants help pay your mortgage – a brilliant house-hacking strategy!
The location is a commuter's dream, with unparalleled access to the 5, 10, and 101 freeways, putting all of Los Angeles within easy reach. You are just minutes from the cultural and economic hubs of Downtown LA, the Arts District, and major employment centers. The property is also conveniently located near schools, popular shopping centers, and the rich culinary scene that makes Lincoln Heights one of LA's most dynamic neighborhoods.
Great income-generating property in a rapidly appreciating area. Opportunities like this are few and far between. Schedule your private tour today!
Property Breakdown:
Unit 1: 2 Bedrooms, 1 Bath
Unit 2: 2 Bedrooms, 1 Bath
Bonus Unit (Top Floor): Studio, 1 Bath
Key Features:
Two separate units with Bonus Space on top.
Will be delivered 100% VACANT
Excellent for investors or owner-occupants
Prime Lincoln Heights location
Unbeatable freeway access (10,5,101 FWYs)
Centrally located near DTLA, schools, and shopping
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LAUV(CA)
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features None
Pool None
Community Features Curbs, Street Lights
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5447025002
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Special Listing Condition Standard
