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2432 Daly Street

Los Angeles, CA 90031

– beds
– baths
– sqft
8,995 sqft lot
1929 build
– on site

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.

Listed By CRMLS_CA / Gil Legaspi / Legaspi Commercial / 562-305-0788

Last checked: Checking… • Last updated Jun 27, 2025 •

MLS# DW25144003 —

The Building

Year Built:

1929
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

6619.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

2
Roof:

Flat
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

12
# of Separate Water Meters:

1
# of Separate Electric Meters:

12

Interior

Levels:

Two
Entry Location:

Street
Laundry:

None

Location

Directions:

North of Broadway/South of Pasadena Ave.
Latitude:

34.07476800
Longitude:

-118.21527400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LAC4
Lot Features:

0-1 Unit/Acre, Lot 6500-9999, Rectangular Lot
Lot Size Area:

8995.0000
Lot Size Acres:

0.2065
Lot Size SqFt:

8995.00
Lot Size Source:

Assessor
Exclusions:

Tenant and Owners Personal Property
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

14
Tax Census Tract:

1992.01
Tax Tract:

4
Tax Lot:

14

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5204012014

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/26/25 Jun 26, 2025	Listed / Active	CRMLS_CA	$1,998,888

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This multifamily located in Eastside LA, Los Angeles, CA 90031 is currently for sale for $1,998,888. 2432 Daly Street is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days. 2432 Daly Street is in the Eastside LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of Florence Nightingale Middle School, Woodrow Wilson Senior High School, Abraham Lincoln Senior High School, and Gates Street Elementary School.

Listing Courtesy of: CRMLS_CA and Legaspi Commercial. Based on information from California Regional Multiple Listing Service, Inc. as of 15:35 on Jun 29.

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.