507 E Avenue 28, Los Angeles, CA 90031

Local realty services provided by:Better Homes and Gardens Real Estate Champions
#1#2#3
507 E Avenue 28,Los Angeles, CA 90031
$1,199,900
  • 6 Beds
  • 5 Baths
  • 3,186 sq. ft.
  • Single family
  • Active
Listed by:ricky lee
Office:ricky&jessie realty
MLS#:TR25149021
Source:CRMLS

Price summary

  • Price:$1,199,900
  • Price per sq. ft.:$376.62

About this home

Motivated seller – bring all offers. 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

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Home facts

  • Year built:1988
  • Listing Id #:TR25149021
  • Added:50 day(s) ago
  • Updated:August 22, 2025 at 10:33 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,186 sq. ft.

Heating and cooling

  • Cooling:Ductless Air, Zoned

Structure and exterior

  • Year built:1988
  • Building area:3,186 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Not Available

Finances and disclosures

  • Price:$1,199,900
  • Price per sq. ft.:$376.62
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