Property Details
Upcoming Open Houses
About this Property
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. Contact broker for details and private showings. Public open houses scheduled for Saturday and Sunday. All offers due by Monday 7/21 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, sp
MLS Listing Information
MLS #
CRTR25149021
MLS Source
California Regional MLS
Days on Site
15
Interior Features
Bathrooms
Jack and Jill
Fireplace
None
Laundry
Hookup - Gas Dryer
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
Sewer
None
HOA Fee
$0
Zoning
LAR2
Contact Information
Listing Agent
Ricky Lee
Ricky&Jessie Realty
License #: 01932116
Phone: –
Co-Listing Agent
Daniel Huang
PYC Financial
License #: 01959072
Phone: (626) 567-9899
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
507 E Avenue 28 is a Duplex in Los Angeles, CA 90031. This 3,186 square foot property sits on a 6,473 Sq Ft Lot and features 6 bedrooms & 5 full bathrooms. It is currently priced at $1,199,900 and was built in 1988. This address can also be written as 507 E Avenue 28, Los Angeles, CA 90031.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 17, 2025. For the most current information, please contact Ricky Lee
