Properties
Los Angeles, CA 90031 2432 Daly Street
$1,998,888
34 more
Presented By: Gil Legaspi with Legaspi Commercial; 562-305-0788
Baths • 1
SQFT • 6,619
Home Details
Excellent Mixed-Use Investment Opportunity in Lincoln Heights – 2432 Daly St. Los Angeles 90031. Offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant Lincoln Heights neighborhood presents a rare investment opportunity. Featuring a strong 6.35% Cap Rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. The unit mix includes:(2) Street-level commercial storefronts,(8) One-bedroom, one-bath residential units and (2) Two-bedroom, one-bath residential units. Spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. All units are individually metered for gas and electricity. Located near Downtown Los Angeles, the Lincoln Heights area continues to benefit from strong rental demand and increasing property values. With an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor's portfolio.
Presented By: Gil Legaspi with Legaspi Commercial; 562-305-0788
Interior Features for 2432 Daly Street
Other Interior Features
Common WallsTwoCommonWallsOrMore
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 2432 Daly Street
Additional Parcels Y/NNo
Building Area UnitsSquareFeet
Cap Rate6.35
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
ContingencySeller is to exercise a 1031 exchange at no cost to buyer.
CountyLos Angeles
DirectionsNorth of Broadway/South of Pasadena Ave.
Electric Expense660
Entry LocationStreet
ExclusionsTenant and Owners Personal Property
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense12000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, Exchange1031
Lot Size Square Feet8995
Lot Size UnitsSquareFeet
MLS Area677 - Lincoln Hts
Net Operating Income126331
New ConstructionNo
Number Of Units Total12
Number of Units Leased12
Operating Expense51786
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot14
Tenant PaysTrashCollection
Total Actual Rent15146
Trash Expense0
Water Sewer Expense6480
Year Built1929
Year Built SourceAssessor
ZoningLAC4
Exterior for 2432 Daly Street
Building Area Total6619
Lot FeaturesZeroToOneUnitAcre, RectangularLot
Lot Size Acres0.2065
Lot Size Area8995
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
