Excellent Mixed-Use Investment Opportunity in Lincoln Heights – 2432 Daly St. Los Angeles 90031. Offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant Lincoln Heights neighborhood presents a rare investment opportunity. Featuring a strong 6.35% Cap Rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. The unit mix includes:(2) Street-level commercial storefronts,(8) One-bedroom, one-bath residential units and (2) Two-bedroom, one-bath residential units. Spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. All units are individually metered for gas and electricity. Located near Downtown Los Angeles, the Lincoln Heights area continues to benefit from strong rental demand and increasing property values. With an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor''s portfolio.
Property Details
Price:
$1,998,888
MLS #:
DW25144003
Status:
Active
Baths:
0
Address:
2432 Daly Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Jun 25, 2025
State:
CA
ZIP:
90031
Lot Size:
8,995 sqft / 0.21 acres (approx)
Year Built:
1929
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Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Lot 6500-9999, Rectangular Lot
Parking Spots
0.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
Trash Collection
Map
Community
- Address2432 Daly Street Los Angeles CA
- Area677 – Lincoln Hts
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
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2432 Daly Street
Los Angeles, CA
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