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2432 Daly St Los Angeles, CA 90031

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For Sale
$1,998,888

Mixed-use property in Lincoln Heights with immediate income potential.

Lot size:
0.21 Acres

Property Features for 2432 Daly St

General Information

Property type
Investment
Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1929

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Listing Contact
Gil Legaspi
Source: Elliman

Listing Agent: Gil Legaspi

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

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Overview

Lincoln Heights Mixed-Use Investment

Located in the Lincoln Heights neighborhood, this mixed-use property presents an investment opportunity. The property features 12 units, including 2 street-level commercial storefronts, 8 one-bedroom, one-bath residential units, and 2 two-bedroom, one-bath residential units. The building has 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 near Downtown Los Angeles and benefits from rental demand and increasing property values.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use property in Lincoln Heights with immediate income potential.
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 Lincoln Heights near Downtown Los Angeles, benefiting from strong rental demand and increasing property values.
More about this property
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