Property Description

Value-Add 4-Unit + ADU Potential | Lincoln Heights
Beautiful 4-unit in highly desirable Lincoln Heights on a 10,042 sq ft lot with 5,000–6,000 sq ft buildable—ideal for two 2–3BR ADUs. Strong upside with cash flow, rental growth, and development potential.

🔑 Highlights:
– Four spacious 1BR units (~1,000 sq ft each) – easy 2BR conversions
– New roof (~9 yrs), updated kitchen/baths (~4 yrs)
– Separate gas & electric meters
– Solid structure + foundation (built 1914, excellent condition)
💰 Rent Roll:
– Unit 1 $787.72 / Unit 2 $1,202 / Unit 3 $1,550 / Unit 4 Owner-Occupied will be delivered vacant
– Market Rents: $2,000–$2,500/unit
– ADU Potential: $6,000–$8,000/month
– Total Income Potential: $14,000+/month
🏗️ Development:
– Room for 2 ADUs
– HPOZ zone (historic-style facade only)
– City supports ADU development

🏡 A wonderful opportunity to own a beautiful piece of LA history that’s has the potential to be a Cash Cow! Please inquire with our team if you have any interest or questions 🏡