About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(69th), sqft - 2714(69th), beds - undefined(50th), baths - undefined(50th).

Welcome to: 207 E Avenue 39 which is now for sale after many decades and just an 8 minute drive to Dodger's stadium. Lucrative Los Angeles multi-unit property with steady income stream. Presenting a fantastic opportunity for investors seeking a turnkey asset in a prime Los Angeles location. This four-unit building generates immediate rental income, with all tenants currently on month-to-month agreements. Its proximity to the 110 freeway and Dodger Stadium adds significant value for residents. Highlights of this property: Diverse unit mix: Features a desirable mix of one 3-bedroom, two 2-bedroom, and one studio apartment to attract a wide range of tenants. the main house was built in 1915 and the 3 rear units were built in 1988. Established tenancy: Fully rented with month-to-month leases in place, offering flexibility for new ownership. Convenient parking: Five parking spaces are available on the property, including two single spaces and three tandem spaces. (A storage shed occupies one of the tandem spots). Strategic location: Excellent access to transportation, sports, and entertainment venues. This neighbor known for its rich history as one of Los Angeles's first suburbs, its diverse and evolving community, its collection of notable historic architecture, and a mix of green spaces and commercial hubs. The property is located in the Lincoln Heights neighborhood, bordering Montecito Heights, Chinatown, and Cypress Park.