2229 Hancock Street, Los Angeles, CA 90031
2229 Hancock Street, Los Angeles, CA 90031
2229 Hancock Street, Los Angeles, CA 90031
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Mike Jones

Mike Jones

+1(480) 326-9233
$785,000
Est. payment /mo
5 Beds
4 Baths
9,899 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB26111570

Bedrooms 5

Lot Size 9,899 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Lincoln Heights fourplex , rare opportunity featuring 4 detached standalone bungalow-style homes on an expansive 9,899 sq ft LARD3-zoned lot in rapidly evolving Northeast Los Angeles. Unlike traditional apartment-style properties, each unit enjoys its own separate structure, creating a more private residential feel perfect for future Owner-Users and tenants alike . The property offers a wide central driveway, excellent unit separation, and strong value-add potential with the possibility of Delivering 1 Unit VACANT and Future Owner establishing Residency in the 2 bedroom unit ! The property consists of one 2-bedroom unit and three 1-bedroom units totaling approximately 2,394 sq ft of living space. Each home includes its own dedicated two-car parking spaces, a highly sought-after feature in this submarket. Ideal Opportunity for First time Home Buyers seeking to break into this sought-after area by occupying one unit as a primary residence while utilizing the rental income to offset mortagage. Investors will appreciate the opportunity to capture future rental upside while benefiting from the charm and functionality of individual detached homes and Centrally located just minutes from Downtown Los Angeles, Chinatown, Little Tokyo, Dodger Stadium, USC Medical Center, and the vibrant dining, nightlife, and cultural hubs throughout Northeast LA, with convenient access to the 5, 10, 101, and 110 freeways.

Location

State CA

County Los Angeles

Zoning Assessor

Direction North of Main st. near ave. 26 and Broadway

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5210020012

Acceptable Financing Land Contract

Listing Terms Land Contract

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MLS Router / San Diego MLS
Listed by JOSEPHINE SAN LUCAS, DRE#01308257 KELLER WILLIAMS LARCHMONT 

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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