Lincoln Hts (677) Homes with Apartment Subtype

Lincoln Hts (677) Homes with Apartment Subtype

Welcome to Lincoln Heights, a vibrant and historic neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural heritage and diverse community, Lincoln Heights offers a unique blend of urban living and suburban charm, making it an ideal place for families, young professionals, and anyone looking to enjoy the dynamic lifestyle that LA has to offer.

One of the standout features of Lincoln Heights is its eclectic mix of architecture, where you can find beautiful homes with an apartment subtype. These residences provide the perfect opportunity for those seeking a multifamily living arrangement or an investment opportunity in a burgeoning area. The homes here often showcase a combination of historic character and modern amenities, catering to a variety of tastes and lifestyles.

The neighborhood is conveniently located near major freeways, allowing for easy access to downtown Los Angeles and other key areas of the city. Residents can enjoy the nearby parks, local eateries, and vibrant arts scene, all while benefiting from the community's ongoing development and revitalization efforts.

Lincoln Heights is also home to several schools, making it a great choice for families. The sense of community is palpable, with local events and gatherings that foster connections among neighbors. Whether you're looking to settle down in a charming home or invest in a property with rental potential, Lincoln Heights offers a unique opportunity to be part of a thriving Los Angeles neighborhood. Embrace the charm and convenience of Lincoln Heights—your new home awaits!

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.