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331 Avenue 20
Los Angeles, CA 90031
331 S Avenue 20 in Lincoln Heights is an excellent multifamily investment opportunity priced to move quickly. The offering is six one bedroom units with a huge upside in rents. A two story fourplex sits in front of a single story duplex in the back. The fourplex units have dens and balconies. A walkers paradise, the property boasts a 83 out of 100 walkscore. Both buildings have been recently painted and pressure washed. A large parking lot presents a possible opportunity to build an ADU. There aren't many good deals out there right now. But this is truly one of the rare deals that pencils in todays market. Don't miss out on this excellent investment opportunity.
PROPERTY INFORMATION
| MLS # | 24417531 | Lot Size | 8,256 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,020,000
Price Per SqFt: $ 248 |
DOM | 288 Days |
| Address | 331 Avenue 20 | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,115 Sq. Ft. |
| Postal Code | 90031 | Garage | N/A |
| County | Los Angeles | Year Built | 1920 |
| Bed / Bath | 6 / 0 | Parking | 6 |
| Built In | 1920 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
| SecuritySafety | Smoke Detector(s) |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 81 (Very Walkable)
Transit Score: 58 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,088
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/20/2024 | Listed | $1,095,000 |
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Listing provided courtesy of Brett Alphin, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
