$1,998,888

2432 Daly Street, Los Angeles, CA 90031

  • 6,619 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $302/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

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.

Listing Status:
Active
Date Added:
June 26, 2025 at 05:00AM
Listing Office:
Legaspi Commercial : 562-205-1700
Listing Agent:
Gil Legaspi : 562-205-1700
MLS ID:
CRDW25144003
  • Laundry: No Hookups
  • County: Los Angeles
  • Zoning: LAC45204012014

This listing courtesy of Gil Legaspi, Legaspi Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Albion Street Elementary School

322 S Avenue 18, Los Angeles, CA, 90031

Grades KG-6

0.48 miles away

F

Florence Nightingale Middle School

3311 N Figueroa St, Los Angeles, CA, 90065

Grades 6-8

0.88 miles away

L

Lincoln High School

3501 N Broadway, Los Angeles, CA, 90031

Grades 9-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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