244 S AVENUE 18, LOS ANGELES CA 90031
- 11,958 sq.ft.
- 10,002 sq.ft. lot
We are pleased to present the opportunity to acquire 244 S Avenue 18, a newer constructed 6 unit apartment complex located in the heart of Lincoln Heights. This property was built in 2016 and offers 11,958 sq ft of rentable space situated on a 10,000 sq ft parcel. This 6 unit building offers a desirable mix of: six - large 4 bed | 3 bath units, plans are currently in plan check to convert a storage room into 1BD ADU. Currently one unit is leased for $3,750 while the other units are being leased as short term rentals grossing appx $5,000/mo for each unit. Each unit is separately metered for gas and electric and has its own water heater. Property offer tenants on-site laundry facilities and gated parking. High walkability, just steps from shops, restaurants, schools, library and more. The subject property is conveniently located within close proximity to the 10, 5, and 110 fwy and minutes away from Pasadena, Downtown Los Angeles, Glendale and Hollywood. 244 S Avenue 18 is a great oppor
Listing Courtesy of Shawn S. Kormondy, Keller Williams Beverly Hills
raj qsarCEO | Owner |
- cell 714.412.5019
- office 949.612.2535
Based on information from California Regional Multiple Listing Service, Inc. as of January 7, 2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.