Sold
4422 Lincoln Avenue
Los Angeles CA, 90041
$5,100,000
$430.20 per sqft
Sold
11,855 sqft
Residential
Built in 1952
Listed by Justin McCardle with GIG Real Estate Inc. 626-594-4901
We are proud to present this attractive 20 Unit Value Add Apartment community in Eagle Rock. This property consists of all single level units situated on over an acre of land, creating a spread out feel at the property, providing plenty of room for cars, or potential to add ADU's on site for the next owner. The property boasts 17- 1/1's, 2- 2/1's, and 1- 3/1 with all units having front and back doors, as well as great potential with 38% rental upside. This asset is very attractive with expansive grounds sitting on over an acre, spread out on 3 separate parcels (10 Units, 6 units, and 4 units) which could present a savvy investor the opportunity to get creative with financing. The properties are individually metered for gas and electricity in a great central Eagle Rock location. These types of properties don't come along very often and has tremendous potential for the next owner to add value and put this property into their portfolio!
AR22159863
MLSⓇ ID
July 20, 2022
Listed
March 23, 2024
Updated
Map
4422 Lincoln Avenue
Los Angeles CA, 90041
Interior Features
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.02 Acres
Lot Features
Lot Over 40000 Sqft
Sewer
Public Sewer
Other Property Details
Area Name
618 - Eagle Rock
Days on Market
22
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD1.5
Buyer Agency Compensation
2%
Listing Contact: 626-594-4901
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:49 AM UTC