$1,020,000
331 S Avenue 20 Los Angeles, CA 90031
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$1,020,000
Est. payment /mo
6 BD
6 BA
4,115 SqFt
Price Dropped by $75K
331 S Avenue 20 Los Angeles, CA 90031
UPDATED:
10/16/2024 08:40 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,115 sqft
Price per Sqft $247
MLS Listing ID 24417531
Bedrooms 6
HOA Y/N No
Year Built 1920
Lot Size 8,254 Sqft
Acres 0.1895
Property Description
331 S Avenue 20 in Lincoln Heights is an excellent multifamily investment opportunity priced to move quickly. The offering is six one bedroom units with a huge upside in rents. A two story fourplex sits in front of a single story duplex in the back. The fourplex units have dens and balconies. A walkers paradise, the property boasts a 83 out of 100 walkscore. Both buildings have been recently painted and pressure washed. A large parking lot presents a possible opportunity to build an ADU. There aren't many good deals out there right now. But this is truly one of the rare deals that pencils in todays market. Don't miss out on this excellent investment opportunity.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage None
Parking Type None
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5447031016
Security Features Smoke Detector(s)
Special Listing Condition Standard
Listed by Brett Alphin • Compass
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