331 S Avenue 20

Los Angeles, CA 90031

PRICE REDUCED

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-$75,000 (-6.85%)

$1,020,000

List Price

6

bed Beds

6

shower Baths

4,115 sqft

straighten / sqft

1920

calendar_month Built

Property Description

331 S Avenue 20 in Lincoln Heights is an excellent multifamily investment opportunity priced to move quickly. The offering is six one bedroom units with a huge upside in rents. A two story fourplex sits in front of a single story duplex in the back. The fourplex units have dens and balconies. A walkers paradise, the property boasts a 83 out of 100 walkscore. Both buildings have been recently painted and pressure washed. A large parking lot presents a possible opportunity to build an ADU. There aren't many good deals out there right now. But this is truly one of the rare deals that pencils in todays market. Don't miss out on this excellent investment opportunity.

Listing Information

List Price $1,020,000
Status Active
MLS 24417531
Type Residential Income
Year Built 1920
Lot Size 8,256
Structure Size 4,115
DOM 93
Courtesy Of Compass
Listing Agent Brett Alphin DRE#01998404
Co-Listing Agent Susan L Andrews DRE#01425843

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Brett Alphin, Susan L Andrews, Compass 323-686-1976. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 16th, 2024 at 8:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.