347 Avenue 19
Los Angeles, CA 90031
Sold
We are pleased to introduce 347 South Avenue 19, a 5-unit apartment complex situated in the heart of Lincoln Heights. Coming to market for the first time in 45-years, this property offers investors a golden chance to realize substantial rental growth as units become available. Built in 1972, the property features (1) 3-Bedroom/2-Bathroom Single Family Residence, accompanied by (4) 2-Bedroom/1 Bathroom units. Spanning 3,944 square feet of living space, the property is situated on an 8,317 square foot lot which provides the potential to add ADUs (Buyer to verify). All units are individually metered for gas and electricity, and the property provides tenants with 5 covered parking spots. Located north of N. Main Street and west of the 5 freeway, this property boasts a commendable walk score of 84. Nearby, you'll find local supermarkets, emerging restaurants, and the renowned Chavez Ravine, home of Dodger stadium. Downtown Los Angeles, Chinatown, the Arts District, Boyle Heights, and many more neighborhoods are merely a brief drive away. Plus, with seamless access to both the 110 and 5 freeways, navigating the Greater Los Angeles becomes a breeze.
PROPERTY INFORMATION
MLS # | 23308211 | Lot Size | 8,317 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,050,000
Price Per SqFt: $ 266 |
DOM | 606 Days |
Address | 347 Avenue 19 | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 3,944 Sq. Ft. |
Postal Code | 90031 | Garage | N/A |
County | Los Angeles | Year Built | 1972 |
Bed / Bath | 11 / 0 | Parking | 5 |
Built In | 1972 | Status | Closed |
Sold Date | 2023-12-26 |
INTERIOR FEATURES
Has Appliances | Yes |
Kitchen Appliances | Refrigerator |
Has Heating | Yes |
Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,120
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
Price Change | $1,100,000 (-8.33%) |

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Listing provided courtesy of Sevak Keshishian, Marcus & Millichap. 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.