Lincoln Hts (677) Homes with Apartment Subtype

Lincoln Hts (677) Homes with Apartment Subtype

Welcome to Lincoln Heights, a vibrant and historically rich neighborhood nestled in the heart of Los Angeles County, California. Known for its diverse community and stunning views of the downtown skyline, Lincoln Heights offers a unique blend of urban living and suburban charm. This area is steeped in history, with its roots dating back to the late 19th century, making it one of Los Angeles’ oldest neighborhoods.

Residents of Lincoln Heights enjoy an eclectic mix of cultural influences, reflected in the local dining scene, art galleries, and community events. The neighborhood is conveniently located near major highways, providing easy access to the bustling downtown area, as well as nearby attractions like Dodger Stadium and the Los Angeles State Historic Park.

For those seeking a home in this dynamic area, Lincoln Heights features a variety of properties, including charming homes with apartment subtypes. These residences are ideal for individuals looking to invest in a multi-family living situation or those who desire additional rental income. With spacious layouts, modern amenities, and the potential for creative customization, these homes cater to a range of lifestyles.

Imagine enjoying your morning coffee on a sunlit balcony or hosting friends in a cozy living room that reflects your personal style. Whether you're a first-time buyer, an investor, or looking to expand your portfolio, Lincoln Heights offers a unique opportunity to be part of a thriving community while enjoying the comforts of home. Explore the possibilities that await you in this enchanting Los Angeles neighborhood!

Newest Lincoln Hts (677) Homes with Apartment Subtype

$2,100,000
AR26172939 MLS Active Status
Take a look at this this unique opportunity positioned in the heart of Lincoln Heights. One of Los Angeles' fastest-evolving urban neighborhoods, this 15-unit apartment community presents investors with an exceptional opportunity to acquire a well-located multifamily asset in a high-demand rental corridor. Situated just minutes from Downtown Los Angeles, the property benefits from strong tenant demand driven by its proximity to major employment centers, transportation hubs, educational institutions, and ongoing neighborhood revitalization. This building offers investors the opportunity to capitalize in a submarket experiencing increasing investment activity and redevelopment. The Griffin apartments have a nice unit mix with 8-1 bedrooms units, and 7 studios situated in 3 separate buildings with an estimated 48% upside in rent. The rear building is located above garages which presents the opportunity to earn additional garage income or take advantage of the plans to build 3- ADU’s the existing ownership has! The properties attractive layout and size create for an ease of management as well as no on-site manager. All units are individually metered for Gas/ Electricity, and the property has onsite laundry. With Lincoln Heights’ proximity to DTLA, it allows for tremendous upside in rents and appreciation. This building has an attractive price per unit, and substantial upside, will be a great addition to any portfolio! Whether operated as a stable income-producing asset or repositioned through strategic unit upgrades, the property presents significant potential for revenue enhancement and long-term appreciation. Lincoln Heights continues to attract residents seeking affordable alternatives to Downtown, Echo Park, and Highland Park while remaining connected to the region's economic core. The property's central location provides convenient access to the I-5, I-10, 101, and 110 freeways, as well as Metro transit services, creating a compelling advantage for commuters and working professionals.

1927 Griffin Avenue, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.