4422 Lincoln Avenue, Los Angeles CA, 90041

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.

Data last updated on 3/23/2024 at 1:49 AM UTC