Los Angeles, CA90031
| 3186 sqft | MLS# TR25153032
Tract:
For Sale $1,199,900
Description
Now offered at $1,199,900 ! Outstanding Value in Lincoln Heights! Generating an estimated $102,000 annual rental income with a projected 7%+ Net CAP Rate, this is a rare high cash-flow opportunity with modern upgrades and excellent rental upside. Contact broker for details and private showings. Public open houses scheduled for Saturday and Sunday. All offers due by Monday 7/21 Why settle for one when you can own two? For the price of a single home in Highland Park or Mt. Washington, own two fully remodeled, detached homes on one lot ,each with separate addresses, private entrances, separate meters, and outdoor spaces , -delivered 100% vacant and ready for immediate occupancy or rental. Ideal for both investors and owner-occupants, this versatile Lincoln Heights duplex offers projected gross rental income of approximately $8,800/month (rear unit: $4,600, front unit: $4,200), delivering strong cash flow in a centrally located neighborhood. The front home (2BR + den / 2BA, approx. 1,206 sqft, built in 1895) features a flexible bonus room that could serve as a third bedroom or office, plus a private-entry bedroom ideal for a potential studio suite. The rear home (3BR / 2.75BA, approx. 1,980 sqft, built in 1988) boasts high ceilings, an open layout, granite kitchen, spacious living areas, and a primary suite with en-suite bath. A 2-car attached garage adds convenience and value. Located near DTLA, Keck USC, Highland Park, and Silver Lake. Showings available now. Don’t miss this well-positioned, high cash-flow property in a rapidly growing neighborhood
Facts
| Built in 1988 | Lot Size: 6473.00 sqft | HOA Dues: $0/month
Features
Listing provided by Ricky Lee, Ricky&Jessie Realty
Based on information from California Regional Multiple Listing Service, Inc. as of July 18, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
