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    2432 Daly St Los Angeles, CA 90031

    For Sale
    $1,998,888

    12-unit mixed-use property in Lincoln Heights with immediate income.

    Lot size:
    0.21 Acres

    Property Features for 2432 Daly St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1929

    Source: Legaspi Commercial Agent Gil Legaspi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lincoln Heights Mixed-Use Investment

    This 12-unit mixed-use property is located in the Lincoln Heights neighborhood. The property features a 6.35% Cap Rate. The unit mix includes two street-level commercial storefronts, eight one-bedroom, one-bath residential units, and two two-bedroom, one-bath residential units. The property contains 6,619 square feet of living space on an 8,995 square foot lot. All units are individually metered for gas and electricity. The Lincoln Heights area is located near Downtown Los Angeles and benefits from strong rental demand and increasing property values. The property offers potential for rent growth and appreciation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.21549
    Latitude
    34.0747

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    FAQs

    What type of property is this?
    Mixed-use property - 12-unit mixed-use property in Lincoln Heights with immediate income.
    Where is this mixed-use property located?
    The property is located at 2432 Daly St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,998,888.
    What are key features of this property?
    This property features: - Strong 6.35% Cap Rate provides immediate income.; - Mixed-use property with (2) commercial storefronts and (10) residential units.; - Located in the Lincoln Heights neighborhood near Downtown Los Angeles, benefiting from strong rental demand and increasing property values.
    (562) 205-1700
    Request Owner's contact information
    2432 Daly St Los Angeles, CA 90031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2432 Daly St Los Angeles, CA 90031
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