For Sale Multi-Family MLS# TR26204170

236 E Avenue 39

Los Angeles, CA 90031

$1,700,000

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About 236 E Avenue 39

Don’t miss this prime investment opportunity in Lincoln Heights—a stable income property conveniently located near the 110 and 5 freeways. On the market for the first time in 35 years under the same ownership, this two-story, 6-unit apartment building features all 2-bedroom, 1.5-bathroom units with separate electric and gas meters, on-premise parking, and long-term tenants providing reliable income. The property boasts key updates including a new roof and downspouts replaced two years ago and full repiping done 15 years ago, plus immediate upside potential with one newly remodeled unit vacant and ready for rent. Please do not disturb tenant. Showing will be available upon accepted offer.

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
1965
Stories
2
Living area
5,648 sqft
Price / sqft
$301
Lot
0.1722
Original price
$1,700,000
MLS #
TR26204170

Exterior & lot

Construction
2
Lot
5451003009

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public, Electricity Connected, Natural Gas Connected, Water Connected
Water
Public

Financial

Parcel
5451003009
Special conditions
Standard

Location

Area
677 - Lincoln Hts
County
Los Angeles
Neighborhood
Highland Park
Directions
Major cross streets: Figueroa ST and Pasadena Ave

Ask about this property

Questions on 236 E Avenue 39, Los Angeles, CA 90031, or want to see it in person?

Listed by Elsa Wu, 168 Realty Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.