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$2,275,000
Est. payment /mo
16 Beds
10 Baths
2,017 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,017 sqft
Price per Sqft $1,127
MLS Listing ID 26682175
Bedrooms 16
HOA Y/N No
Year Built 1989
Lot Size 7,318 Sqft
Property Description
We are pleased to present an eight (8) unit apartment building located at 2109 Manitou Ave in Los Angeles, California. The subject property is located in a good Lincoln Heights location, south of N Broadway and West of Griffin Ave. Located in Lincoln Heights just minutes from Downtown LA, this property offers strong accessibility and long-term upside. The asset is not subject to Los Angeles City rent control and features an excellent unit mix of two one-bedroom, four two-bedroom, and two three-bedroom units, with one unit delivered vacant. Five of the eight units have been renovated. Units are separately metered for gas and electricity and include individual water heaters. The property offers fourteen covered, gated on-grade parking spaces and on-site laundry. Tenants benefit from proximity to major corridors, freeways, Metro access, parks, and popular local amenities including cafes, retail, and Dodger Stadium nearby. With RSO exemption, strong in-place income, one vacancy for immediate upside, and a well-located position in Lincoln Heights, this asset presents a compelling and flexible investment opportunity.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Zoning LARD3
Interior
Fireplace No
Exterior
Parking Features Covered
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5204006018
Special Listing Condition Standard
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Listed by Kian Maronde Marcus & Millichap #01952189
Nearby Locations

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2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA
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