2229 Hancock Street, Los Angeles, CA 90031

$799,000
4
BD
4
BA
2,394
SqFt
List Price
$799,000
Price Change
▼ $50,000 1673946780
Status
ACTIVE
MLS#
22218865
Year Built
1920
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,394
Lot Size
9,899
Acres
0.23
Days on Market
83
Property Type
Multifamily

Property Description

A tremendous value-add opportunity in the heart of historic Lincoln Heights. The Property consists of 4 charming stand-alone bungalows with off-street parking for at least 8 cars. Each unique unit is separately metered for gas and electricity. The nearly 10,000 sq.ft. LARD3 lot is perfect for future development. You could also bring rents up to market rates and you will have a wonderful bread-and-butter investment. The bungalows would also make great fully furnished short term rentals for travelling nurses at USC Keck that is just a few minutes away in Boyle Heights. The possibilities are endless. The Property is also conveniently located near public transportation and the historic core of Los Angeles including Little Tokyo, Chinatown as well as close to recreation like Dodgers Stadium and Lincoln Park.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
SewerTapPaid
School District
Los Angeles Unified
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Robert Baer (Robert.Baer@camoves.com) from Listing Office: Coldwell Banker Realty.

Mortgage Calculator

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Calculator source: Real Geeks

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.