238 South Avenue 21
LOS ANGELES, CA 90031
10 ( 2 Non Conforming Units )
Sold at 100% of List Price
Great Up and Coming Lincoln Heights Location
Value Add Property
Upside in Rents
Close to Downtown Los Angeles
Surrounded by Shops and Retail Centers
Separately Metered for Electricity and Gas
Dense Rental Pocket
Walking Distance to Schools
The Hirth Group is pleased to present 238 South Avenue 21, a 10-unit multi-family property located in the Lincoln Heights submarket of Los Angeles. The property was built in 1910 and is comprised of 4,663 square feet of building space on a 6,566-square foot parcel. The unit mix consists of eight one-bedroom/one-bathroom units along with two non-conforming single/one-bathroom units. The units are separately metered for electricity and gas, and six of the units have their own water heaters.
Lincoln Heights is one of the most densely populated submarkets in Los Angeles and is located just northeast of Downtown Los Angeles. The property is in a residential pocket and tenants are walking distance to Lincoln Heights Recreational Center and North Broadway Boulevard, which is filled with vibrant restaurants and plenty of business activity. The building is only steps away from the Gold Line Metrorail and other public transportation, making Downtown Los Angeles and Pasadena easily accessible for residents.