There are multiple listings for this address:
507 E Avenue 28
Los Angeles, CA, 90031
$1,199,900
6 Beds
5 Baths
3,186 SqFt
0.15 Acres
Add
Motivated seller – bring all offers. 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.

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 Details

Price:
$1,199,900
MLS #:
TR25149021
Status:
Active
Beds:
6
Baths:
5
Address:
507 E Avenue 28
Type:
Single Family
Subtype:
Duplex
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Jun 30, 2025
State:
CA
Finished Sq Ft:
3,186
ZIP:
90031
Lot Size:
6,473 sqft / 0.15 acres (approx)
Year Built:
1988
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Schools

School District:
Los Angeles Unified

Interior

Bathrooms
5 Full Bathrooms
Cooling
Ductless, Zoned
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Suburban
Parking Spots
2.00

Financial

Map

Community

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507 E Avenue 28
Los Angeles, CA
507 E Avenue 28
Los Angeles, CA, 90031
$1,199,900
Beds
0 Baths
SqFt
0.15 Acres
Add
Motivated seller – bring all offers. 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.

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 Details

Price:
$1,199,900
MLS #:
TR25153032
Status:
Active
Baths:
0
Address:
507 E Avenue 28
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Jul 17, 2025
State:
CA
ZIP:
90031
Lot Size:
6,473 sqft / 0.15 acres (approx)
Year Built:
1988
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

School District:
Los Angeles Unified

Interior

Bathrooms
5 Full Bathrooms
Cooling
Ductless, Zoned
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Suburban
Parking Spots
2.00

Financial

Map

Community

Similar Listings Nearby