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528 S Avenue 19, Los Angeles, California

$699,000Active

528 S Avenue 19, Los Angeles, California 90031
- MLS® ID: 317001952

Property Details

528 S Avenue 19, Los Angeles, California 90031 - Opportunity to own 3 Units + 9 Bedroom Rooming House in one of LA's hottest neighborhoods, Lincoln Heights. Actual Income of $6,126/month - $73,513/year with good in-place income/cash flow + future upside in rents + value add potential for unused spaces. The site consists of 2 buildings connected by a breezeway totaling 3,696 square feet. The front building has 2, 1/1 Units that are spacious with high ceilings on the 1st floor and 9 Bedrooms + 2, 1/4 baths, shower room, and kitchen area on the 2nd floor. The back building consists of 2 bedrooms, storage room, and potential for additional income by re-configuring unused spaces (see floorplan). Minutes to vibrant DTLA, Chinatown, and leafy 32-acre LA State Historic Park. Capitalize on LA River Revitalization Plans, Albion Riverside Park (6-acre extension of Downey Park), and proposed mixed use developments coming to Lincoln Heights.

Amenities

  • Zip90031
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLAM2
  • Year built1897
  • PoolNo
  • Parking0.00
  • MLS® ID317001952

Listing Courtesy of Norman Kawaguchi~Berkshire Hathaway HomeService

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