Lincoln Hts (677) Homes with Apartment Subtype

Lincoln Hts (677) Homes with Apartment Subtype

Welcome to Lincoln Heights, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich history and diverse community, Lincoln Heights boasts a unique blend of urban charm and suburban tranquility. This area is steeped in culture, with its roots tracing back to the early 1900s, making it one of the oldest neighborhoods in Los Angeles. Residents enjoy easy access to downtown LA, with its bustling arts scene, eclectic dining options, and a myriad of entertainment venues just a stone's throw away.

Lincoln Heights features a variety of housing options, but it particularly shines with its homes that offer apartment subtypes. These residences provide an excellent opportunity for both homeowners and investors alike. With spacious layouts and modern amenities, these homes are ideal for those seeking a blend of comfort and convenience. Imagine the ease of living in a community that offers not just a home, but a lifestyle—where you can enjoy the warmth of a close-knit neighborhood while being just minutes away from the excitement of the city.

The area is also known for its picturesque parks, local shops, and eateries that reflect the rich cultural tapestry of the community. Whether you’re a first-time buyer or looking to invest, Lincoln Heights presents a compelling choice for those seeking a dynamic living experience in Los Angeles. Discover the charm of Lincoln Heights, where history meets modern living, and find your perfect home today!

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.