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2432 Daly Street Los Angeles, CA $ 1,998,888
2432 Daly Street
$ 1,998,888
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2432 Daly Street

Los Angeles, CA, 90031
$ 1,998,888
Baths1.0 Sq 6,619

Monthly Estimate*

$ 12,470

Listed by Legaspi Commercial
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,998,888 with 1 full bath. This 6,619 square foot home was built in 1929 on a lot size of 0.2065.

Excellent Mixed-Use Investment Opportunity in Lincoln Heights – 2432 Daly St. Los Angeles 90031. Offered at $1,988,888, this well-positioned 12-unit mixed-use property in the vibrant Lincoln Heights neighborhood presents a rare investment opportunity. Featuring a strong 6.35% Cap Rate and $165,700 cost per unit, the property delivers immediate income with significant long-term upside. The unit mix includes:(2) Street-level commercial storefronts,(8) One-bedroom, one-bath residential units and (2) Two-bedroom, one-bath residential units. Spread across 6,619 sq ft of living space on an 8,995 sq ft lot, the property offers a functional layout that simplifies management. All units are individually metered for gas and electricity. Located near Downtown Los Angeles, the Lincoln Heights area continues to benefit from strong rental demand and increasing property values. With an attractive price per unit and clear potential for rent growth and appreciation, this is a compelling addition to any investor's portfolio.

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Multi-Family Active

Price

$ 1,998,888

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2065

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25144003

Days on Market

180

Features
General
Sewer Public Sewer
Roof Flat
Zoning LAC4
Garage Spaces 0
Pool Features None
Exclusions Tenant and Owners Personal Property
Year Built 1929
Tenant Pays Trash Collection
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 0
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 126331
Operating Expense 51786
Insurance Expense 12000
New Construction 0
Property Type Residential Income
Contingency Seller is to exercise a 1031 exchange at no cost to buyer.
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions North of Broadway/South of Pasadena Ave.
City Los Angeles
Entry Location Street
Senior Community Y/N 0
Number Of Units Total 12
MLS Area 677 - Lincoln Hts
Lot Size Units Square Feet
Lot Size Square Feet 8995
Number of Units Leased 12
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 660
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 6480
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 15146
Property Sub Type Additional Mixed Use
Cap Rate 6.35
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features None
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 8995
Number of Buildings 2
Building Area Total 6619
Lot Size Acres 0.2065
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
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* Excluded Features
List By
Legaspi Commercial

Broker

Gil@LegaspiCommercial.com

Email

Affordability Calculator

$12,470
Per Month
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Monthly Principal & Interest
$12,470
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,998,888 Listed Price

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2432 Daly Street, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $1,998,888 with 6,619 sqft and a lot size of 0.2065. 2432 Daly Street is a studio with 1.0 baths and was built in 1929. The property's zip code is 90031 which is in Los Angeles, CA