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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