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    2653 Pasadena Avenue

    Lincoln Heights, CA 90031
    • $1,500,000
    • STATUS: Active
    • ON SITE: 70 days
    • ID#: WS21142538
    UPDATED: 198 min ago
    $1,500,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Rare opportunity to own 6 units on a HUGE 17,000+ sqft flat lot with 5 vacant units! Fixer, cash only. 2653 Pasadena Ave in Lincoln Heights, Los Angeles has a total of 3 buildings with 5,827 sqft of living space. Rear building has four attached single-story 1 bed/1 bath units (2,808 sqft) with extensive fire damage and is uninhabitable. The front building is a small office (432 sqft) with a half bath and has potential to be converted to residential (Buyer to verify w/ the city). In the middle sits a single-family home (2,587 sqft) that is currently tenant-occupied and being used as 2 units. Rear building has an attached 2-car garage and communal laundry room. There is an additional 10 uncovered spaces. 8 electrical meters, 8 gas meters, and 1 water meter. Centrally located in Lincoln Heights and close to DTLA, Pasadena, Highland Park with easy access to the 5 and 110 freeways.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/119244940
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    2653 Pasadena Avenue Lincoln Heights, CA 90031

    • Price: $1,500,000
    • Status: Active
    • Updated: 198 min ago
    • ID#: WS21142538
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1949
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    Rare opportunity to own 6 units on a HUGE 17,000+ sqft flat lot with 5 vacant units! Fixer, cash only. 2653 Pasadena Ave in Lincoln Heights, Los Angeles has a total of 3 buildings with 5,827 sqft of living space. Rear building has four attached single-story 1 bed/1 bath units (2,808 sqft) with extensive fire damage and is uninhabitable. The front building is a small office (432 sqft) with a half bath and has potential to be converted to residential (Buyer to verify w/ the city). In the middle sits a single-family home (2,587 sqft) that is currently tenant-occupied and being used as 2 units. Rear building has an attached 2-car garage and communal laundry room. There is an additional 10 uncovered spaces. 8 electrical meters, 8 gas meters, and 1 water meter. Centrally located in Lincoln Heights and close to DTLA, Pasadena, Highland Park with easy access to the 5 and 110 freeways.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 8 Open Parking Spaces 10 Parking Features DrivewayGarageTandemUncovered Parking Total 12 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 21730 Insurance Expense 1373 Land Lease YN No Laundry Features Common AreaInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0 Property Condition Repairs Major Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTrash Collection Trash Expense 0 Water Sewer Expense 2424 Water Source Public Zoning Lac2

    Listing provided courtesy of Kelly Tran of Compass and Maribel Benitez of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505