2432-2438 Daly St - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90031- Montecito Heights
$1,998,888 USD
562-305-0788
2432-2438 Daly St, Los Angeles, CA for Sale
$1,998,888 USD
Storefront Retail/Residential - FOR SALE
1/11
null | 6.32% Cap Rate

2432-2438 Daly St
Los Angeles, CA 90031
Montecito Heights


OVERVIEW

Excellent Mixed-Use Investment Opportunity in Lincoln Heights – 2432 Daly St. Los Angeles 90031. Offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant Lincoln Heights neighborhood presents a rare investment opportunity. Featuring a strong 6.32% Cap Rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. The unit mix includes:(2) Street-level commercial storefronts,(8) One-bedroom, one-bath residential units and (2) Two-bedroom, one-bath residential units. Spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. All units are individually metered for gas and electricity. Located near Downtown Los Angeles, the Lincoln Heights area continues to benefit from strong rental demand and increasing property values. With an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor's portfolio.

FOR SALE DETAILS

PRICE

$1,998,888 USD

PRICE/SF

$302 USD /SF

CAP RATE

6.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,956 SF

ZONING

C4, Los Angeles

APN/PARCEL ID

5204-012-014

ASK ABOUT THIS PROPERTY

Gil LegaspiLegaspi Commercial, IncMore Info
562-305-0788

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Gil LegaspiLegaspi Commercial, IncMore Info
562-305-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.