2422 Lincoln Blvd Los Angeles, CA 90291
This exceptional investment opportunity presents a 462 square foot auto shop situated on a sizable 4,500 square foot lot in Los Angeles, California. Located at 2422 Lincoln Blvd, zip code 90291, this property boasts a desirable LAC2 zoning designation, making it suitable for various commercial uses. The existing structure, built in 1986, currently houses a smog shop tenant operating on a month-to-month lease, generating a consistent monthly income of $3,000. The property's APN is 4236-001-019. This location offers significant potential for redevelopment or expansion given its generous lot size and strategic placement within a thriving Los Angeles commercial district. The property is eligible for AB2097 and ED1 programs, and is classified as TOC Tier 4. A comprehensive environmental report is available upon request. This is an ideal opportunity for investors seeking a strong return on investment in a prime Los Angeles location. The asking price for this remarkable property is $1,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.