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$750,000
MB26161097 MLS ⋅ Active Status
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.

3212 Baldwin, Los Angeles
$1,495,000
4 Beds ⋅ 3 Baths ⋅ 26849665 MLS ⋅ Active Under Contract Status
Perched on a quiet Lincoln Heights hillside, this spacious, beautifully updated Craftsman commands panoramic vistas from a street-to-street lot. The soulful restoration honors the storied Craftsman character with carefully sourced period-specific fixtures, original wood moldings and built-ins, refurbished wood floors, whimsical penny tile in all three bathrooms, and Arts and Crafts era wallpaper in the dining room. The large chef's kitchen is a standout, with sage green cabinetry, subway tile backsplash and stainless appliances including a pro range. All four light-filled bedrooms capture scenic views; the flexible lower-level ensuite opens to the yard via French doors. A bonus office in the finished basement is a versatile space for working, creating, or gym. The grassy backyard is ready for gatherings illuminated by shimmering city lights, and the scenic front porch is perfect for morning coffee. Amenities include driveway parking and central AC/heat. Enjoy easy access to local favorites Zizou, Moos Craft Barbecue, The Airliner, The Heights Deli, Trattoria Daly, and many Highland Park favorites along Figueroa.

3017 Minnesota Street, Los Angeles

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.