Thequintanagroupca.com Search Results

$750,000

Value-Add Fourplex on Large R3-1 Lot in Lincoln Heights Built in 1930, this charming two-story Craftsman-style property has been converted into four one-bedroom, one-bathroom units. Rich in character and architectural appeal, the building presents an exceptional opportunity for investors seeking a value-add asset. The property requires substantial rehabilitation, making it ideal for buyers looking to renovate and maximize its long-term potential. It is subject to Los Angeles rent control, with long-term tenants currently in place, providing stable occupancy while offering future upside. Situated on a generous R3-1 zoned lot, the property may offer the potential to add two ADUs or two additional dwelling units, subject to buyer verification and approval by the City of Los Angeles. Located in the highly desirable Lincoln Heights neighborhood, the property is just 10 minutes from Downtown Los Angeles and enjoys convenient access to major freeways, public transportation, shopping, dining, schools, parks, and other neighborhood amenities. The area is well established and continues to benefit from ongoing investment and redevelopment, making this an attractive opportunity for investors with a vision. Property Highlights: Built in 1930 Two-story Craftsman-style building Four 1-bedroom, 1-bathroom units Significant rehabilitation needed Subject to Los Angeles Rent Stabilization Ordinance (rent control) Long-term tenant occupancy Large R3-1 zoned lot with potential for additional development (buyer to verify) Possible opportunity for two ADUs or two additional units Prime Lincoln Heights location Approximately 10 minutes to Downtown Los Angeles Close to public transportation, shopping, restaurants, schools, parks, and major commuter routes This is a rare opportunity to acquire a classic Los Angeles income property with renovation and development potential in one of the city's historic and evolving neighborhoods. Buyer is advised to independently verify all zoning, development potential, and applicable regulations with the City of Los Angeles.

MB26161097 MLS ⋅ Active Status

3212 Baldwin, Los Angeles

$979,000

Rare opportunity to own three fully detached units on one gated lot, perfectly positioned between Lincoln Heights, Highland Park, and Cypress Park. Two units are tenant-occupied with reliable renters; the third unit will be delivered vacant, ideal for an owner-occupant or to rent at market rate.Each unit features 2 bedrooms, 1 bath, and its own private 1-car garage. All units are separately metered for gas, water, and electricity, with tenants paying their own utilities. The property is fully gated and freshly landscaped, offering excellent curb appeal.Perfectly located steps from the Heritage Square A Line station, providing a direct route to DTLA, Highland Park, and Pasadena, and just moments from Moo's Craft BBQ, Zizou, and the new Barranca Food Hall. Enjoy nearby green spaces like Rio de Los Angeles State Park and the LA River bike path, along with easy access to Dodger Stadium and DTLA via the 5 and 110 freeways.Take advantage of strong appreciation and major development reshaping Lincoln Heights. Barranca Studios and the newly built A34 buildings are bringing strong market rents, new amenities, and fresh energy to the area.Turnkey income, separate utilities, private garages with significant ADU potential, and a vacant unit delivered at closing make this a true Northeast LA find. Don't miss it!

P1-27115 MLS ⋅ Active Status

119 E Avenue 36, Los Angeles