CA > Los Angeles
Los Angeles, CA 90031,120 N Avenue 25
Los Angeles, CA 90031,120 N Avenue 25
Los Angeles, CA 90031,120 N Avenue 25
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$1,350,000
Est. payment /mo
10 Beds
4 Baths
3,640 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,640 sqft

Price per Sqft $370

MLS Listing ID 25614747

Style Contemporary

Bedrooms 10

Construction Status Updated/Remodeled

Year Built 1922

Lot Size 5,288 Sqft

Acres 0.1214

Property Sub-Type Multi-Family

Property Description

Investor's Delight! Rare opportunity to acquire a four-unit income property in one of Los Angeles' fastest growing neighborhoods, and three of the four units will be delivered vacant at the close of escrow. With the ability to immediately place market-rate tenants, this is a perfect value-add investment with future upside already built in. Located in the vibrant Lincoln Heights community, this 1920s character building sits in an incredible central location just moments from the 5, 110, and 101 Freeways, providing fast access to Downtown LA, Chinatown, Elysian Park, Dodger Stadium, Highland Park, Echo Park, Silver Lake, Los Feliz, and Pasadena. Commuting, exploring, dining, and entertainment couldn't be more convenient. The property features three vacant units plus one tenant-occupied unit, allowing investors to reposition the building immediately. Each unit has its own charm, natural light, and functional layout. The building is individually metered for electricity and gas, offering lower owner expenses and simplified management. A major bonus: this property provides the potential to add an ADU or additional units on the spacious rear portion of the lot (buyer to verify with the City of Los Angeles). With increasing demand for quality housing in central LA, the opportunity to maximize income is exceptional. Additional features include onsite parking spaces for multiple cars, rear alley access, and a highly walkable community surrounded by local restaurants, markets, outdoor recreation, and historic neighborhood charm. Whether you plan to maximize rental income, add new units, or reposition the property long-term, this property offers multiple strategies for impressive return on investment. Four units, three vacant, prime location, strong rental upside, separately metered utilities, parking, and future development potential opportunities like this rarely hit the market. Don't miss your chance to own a strategic investment in one of Los Angeles' most centrally connected and rapidly improving neighborhoods.

Location

State CA

County Los Angeles

Area Lincoln Heights

Zoning LARD2

Rooms

Other Rooms Shed(s)

Interior

Heating Radiant

Cooling Air Conditioning

Fireplaces Type None

Equipment Gas Dryer Hookup

Exterior

Parking Features Garage - 2 Car, Driveway - Concrete, Driveway Gate

Garage Spaces 8.0

Pool None

View Y/N Yes

View City, Tree Top, Skyline, Peek-A-Boo

Roof Type Flat

Building

Story 2

Water District

Architectural Style Contemporary

Level or Stories Two

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Hoffman Theus

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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