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2432 Daly St, Los Angeles, CA, 90031

12beds
12baths
6,619sqft
$1,998,888
$302price/sqft
$14,448/moest. monthly cost
$577,920/yrincome needed

About This Home

Excellent Mixed-Use Investment Opportunity in Lincoln Heights – 2432 Daly St. Los Angeles 90031. Offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant Lincoln Heights neighborhood presents a rare investment opportunity. Featuring a strong 6.35% Cap Rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. The unit mix includes:(2) Street-level commercial storefronts,(8) One-bedroom, one-bath residential units and (2) Two-bedroom, one-bath residential units. Spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. All units are individually metered for gas and electricity. Located near Downtown Los Angeles, the Lincoln Heights area continues to benefit from strong rental demand and increasing property values. With an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor's portfolio.

Getting Around

92
WalkingWalker's Paradise
65
TransitGood Transit
68
BikeBikeable

Schools

Construction

Condition

  • Year built: 1929

Materials

  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 6,619
  • Total interior livable area: 6,619 sqft

Property

Details

  • Parcel number: 5204012014
  • Attached to another structure: Yes
  • Zoning: LAC4
  • Special condition: Standard
  • Exclusions: Tenant and Owners Personal Property

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Street
  • Pool features: None

Lot

  • Lot size: 8,995 sqft
  • Features: 0-1 Unit/Acre,Rectangular Lot