3200 Farnsworth Ave - Apartments FOR SALE


Los Angeles, CA 90032- Lincoln Heights
$619,000 USD
213-792-0940
3200 Farnsworth Ave, Los Angeles, CA for Sale
$619,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

3200 Farnsworth Ave
Los Angeles, CA 90032
Lincoln Heights


HIGHLIGHTS

  • Great Investment Property

OVERVIEW

Prime Duplex with Income & 40% Upside Near Alhambra! Exceptional opportunity to acquire a well-located duplex offering both immediate rental income and significant long-term growth potential. Just minutes from Alhambra, this property sits on a spacious lot with a detached two-car garage and ample off-street parking, ideal for investors seeking strong returns or owner-users looking for multi-generational living. The property is fully occupied, providing immediate cash flow with up to 40% potential income upside through future rent adjustments and growth.Nestled in a quiet residential neighborhood, yet close to schools, shopping, dining, and major freeways, the location makes it highly desirable for both tenants and end users. Whether you're seeking to expand your portfolio or secure a home with income-producing potential, this duplex checks all the boxes. Fully occupied immediate rental income40% potential income upside through future rent growthSeparate gas & electric meters per unitSpacious lot with detached two-car garage + ample parking. Prime location just minutes from Alhambra and everyday conveniences

FOR SALE DETAILS

PRICE

$619,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

2

PRICE/UNIT

$309,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

LAR1

APN/PARCEL ID

5220-008-006

ASK ABOUT THIS PROPERTY

Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

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

Walter CastilloColdwell Banker CommercialMore Info
213-792-0940

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