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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 kitchen, spacious living areas, and a primary suite with en-suite bath. A 2-car attached garage adds convenience and value. Located near DTLA, Keck USC, Highland Park, and Silver Lake. Showings available now. Don't miss this well-positioned, high cash-flow property in a rapidly growing neighborhood
Property Type(s):
Residential Income
| Last Updated | 7/17/2025 | Year Built | 1988 |
|---|---|---|---|
| Community | 677 - Lincoln Hts | Garage Spaces | 2.0 |
| County | Los Angeles |
Additional Details
| AIR | Ductless, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 677 - Lincoln Hts |
| EXTERIOR | Garden |
| GARAGE | Yes |
| INTERIOR | Walk-In Closet(s) |
| LOT | 6473 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Garden |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer, None |
| STORIES | One, Two |
| UTILITIES | Sewer Not Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Ricky&Jessie Realty
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