2466 Lancaster AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,009 sqft
Price per Sqft $324
MLS Listing ID 25599921
Bedrooms 7
Year Built 1959
Lot Size 6,743 Sqft
Property Description
Prime 6-unit apartment complex located near the USC Health Sciences Campus in one of Los Angeles' most dynamic and evolving neighborhoods. This low-maintenance, low-cost building offers a balanced investment profile with both stability and upside potential. A couple of the units are already collecting close to market rents. Most of the units have been improved and are occupied by long-standing tenants, providing consistent income and reduced turnover. In addition, the owner-owned laundry machines generate extra income. With proximity to major employment centers, public transit, and ongoing area redevelopment, the property is well-positioned for strong rental demand and long-term appreciation. A rare opportunity to own a multi-unit asset in a high-demand rental market.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Parking Features Assigned,Detached Carport
Building
Story 2
New Construction No
Others
Special Listing Condition Standard