3010 Minnesota St - Apartments FOR SALE


Los Angeles, CA 90031- Montecito Heights
$799,000 USD
323-842-4001
3010 Minnesota St, Los Angeles, CA for Sale
$799,000 USD
Apartments - FOR SALE
1/16
null | 3.42% Cap Rate

3010 Minnesota St
Los Angeles, CA 90031
Montecito Heights


HIGHLIGHTS

  • Two detached Craftsman bungalows with one unit delivered vacant.
  • Panoramic views of Downtown Los Angeles and the Hollywood Sign.
  • Original period details, moldings, and built-ins preserved throughout.
  • Multiple outdoor spaces including a covered porch, patio, and large veranda.
  • Located near popular eateries and entertainment within Lincoln Heights.
  • Easy commuter access to major highways and Downtown Los Angeles.

OVERVIEW

A rare two-on-a-lot opportunity awaits on a hillside in Lincoln Heights, a Craftsman duplex comprising two fully detached bungalows with panoramic views and one unit delivered vacant. Overlooking the DTLA skyline and the Hollywood Sign, the vacant front unit is bright and spacious, with one bedroom and original moldings, built-ins, and period details throughout. The covered front porch perched high above the street is a lovely spot for morning coffee, and a back patio provides space for alfresco dining. The back unit is tucked away in privacy, featuring one bedroom, a flexible lower-level bonus space, and a large veranda with sweeping DTLA views. The property is perfect for an owner-user, an ideal setup to live in one and earn income from the other. You are close to The Heights Deli & Bottle Shop, Zizou, Trattoria Daly, Yumami, The Airliner, and El Arco.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$643 USD /SF

# OF UNITS

2

PRICE/UNIT

$399,500

CAP RATE

3.42%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,961 SF

ZONING

LARD3

APN/PARCEL ID

5208-001-002

ASK ABOUT THIS PROPERTY

Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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Tracy DoColdwell Banker Commercial RealtyMore Info
323-842-4001

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