$1,628,000

Multi Family In Los Angeles

  • 9 Beds
  • 5 Baths
  • 9,980 Sqft lot
  • Updated: April 29
  • Source:
    San Diego MLS  MLS#OC26080663

About the Property

Rare value-add opportunity in Lincoln Heights featuring a 5-unit property with significant vacancy, allowing a new owner to establish market rents from day one and implement a tailored lease-up strategy. Current income reflects existing vacancy, offering a clear path to repositioning and increased returns over time. Property consists of a desirable unit mix including multiple 2-bedroom units and o
Rare value-add opportunity in Lincoln Heights featuring a 5-unit property with significant vacancy, allowing a new owner to establish market rents from day one and implement a tailored lease-up strategy. Current income reflects existing vacancy, offering a clear path to repositioning and increased returns over time. Property consists of a desirable unit mix including multiple 2-bedroom units and one 3-bedroom unit, appealing to a broad tenant base. Vacancy provides operational flexibility, with no widespread tenant displacement required; one unit may require relocation depending on the buyers plan. All units are separately metered for gas and electricity, with a single water meter for the property, supporting efficient management and expense control. Market rent potential supports meaningful upside upon stabilization, making this an ideal opportunity for investors seeking a value-add, lease-up play with long-term income growth.
  • Property type

    Other

  • Floors

    2

Explore the Area

2232-2232 Workman, Los Angeles, California, United States View on Google Maps
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Act Realty Group - Yorba Linda

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Act Realty Group - Yorba Linda
California, United States
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1
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2025
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Act Realty Group - Yorba Linda
Yorba Linda, California, United States
View agency profile
Last updated
April 29
First listed
Apr 15
Listing reference
OC26080663
Listing status
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