CA > Los Angeles
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
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Marc Williams

Marc Williams

+1(415) 513-2222
Listed by Ricky Lee • Ricky&Jessie Realty
$ 1,199,900
Est. payment | /mo

6 Beds

5 Baths

3,186 SqFt

Save
$ 1,199,900
Est. payment | /mo
Save

6 Beds

5 Baths

3,186 SqFt

OPEN HOUSE

Sat Jul 19, 2:00pm - 4:00pm

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duet

Listing Status Active

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $376

MLS Listing ID CRTR25149021

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1988

Lot Size 6,473 Sqft

Property Sub-Type Duet

Source Datashare California Regional

Property Description

Open House Today 2pm- 4pm . Now offered at $1,199,900 ! Outstanding Value in Lincoln Heights! Generating an estimated $102,000 annual rental income with a projected 7%+ Net CAP Rate, this is a rare high cash-flow opportunity with modern upgrades and excellent rental upside. Contact broker for details and private showings. Public open houses scheduled for Saturday and Sunday. All offers due by Monday 7/21 Why settle for one when you can own two? For the price of a single home in Highland Park or Mt. Washington, own two fully remodeled, detached homes on one lot ,each with separate addresses, private entrances, separate meters, and outdoor spaces , -delivered 100% vacant and ready for immediate occupancy or rental. Ideal for both investors and owner-occupants, this versatile Lincoln Heights duplex offers projected gross rental income of approximately $8,800/month (rear unit: $4,600, front unit: $4,200), delivering strong cash flow in a centrally located neighborhood. The front home (2BR + den / 2BA, approx. 1,206 sqft, built in 1895) features a flexible bonus room that could serve as a third bedroom or office, plus a private-entry bedroom ideal for a potential studio suite. The rear home (3BR / 2.75BA, approx. 1,980 sqft, built in 1988) boasts high ceilings, an open layout, granite

Location

State CA

County Los Angeles

Interior

Cooling Central Air, Other

Fireplaces Type None

Fireplace No

Laundry Gas Dryer Hookup, Other

Exterior

Garage Spaces 2.0

Pool None

View None

Private Pool false

Building

Lot Description Back Yard

Story 1

Water Public

Schools

School District Los Angeles Unified

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(415) 513-2222

marc@themvprealestate.com

Concord, CA, 94520, USA

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507 E Avenue 28