CA > Los Angeles
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
Los Angeles, CA 90031,507 E Avenue 28
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
22
Jul
Wed
23
Jul
Thu
24
Jul
Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Ricky Lee • Ricky&Jessie Realty
$1,199,900
Est. payment /mo
6 Beds
5 Baths
3,186 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $376

MLS Listing ID CRTR25149021

Bedrooms 6

Full Baths 5

Year Built 1988

Lot Size 6,473 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

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, Kec

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LAR2

Interior

Cooling 9

Fireplaces Type None

Laundry Gas Hookup, 30

Exterior

Garage Spaces 2.0

Pool None

View None

Building

Story One Story

Sewer None

Water District - Public

Others

Tax ID 5206019040

Special Listing Condition Not Applicable

Read Less Info
MLS Listing IDX PLUS
© 2025 MLSListings Inc. All rights reserved.

GET MORE INFORMATION

agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Sharad Gupta, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
QUICK SEARCH
There are 23 quick searches