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214-218 S Ave 18
214 S Ave 18, Los Angeles, CA 90031
Available Now
39 views
1 / 2
FOR SALEMultifamily / Apartments Building
Building Size
2,066SF
Lot Size
12119SF
Year Built
1923
Zoning
LARD1.5
Currently Leased
No
No of Buildings
3
Listing Contacts
More property details
APN
5447-025-012, 5447-025-014
Units
4
Location
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214-218 S Ave 18
About the location
Marcus & Millichap is pleased to present a combined multifamily and land opportunity located at 214–218 S Avenue 18 in Los Angeles, California. Situated in the Lincoln Heights neighborhood north of Main Street and west of Griffin Avenue, the property benefits from a well-positioned infill location with strong access to surrounding commercial corridors.
Location highlights
- This Lincoln Heights offering presents a rare value-add and development opportunity on a 12,119-square-foot double lot comprised of two separate APNs and zoned LARD1.5. The property includes an existing 2,066-square-foot four-unit bungalow-style apartment building consisting of two one-bedroom units and two two-bedroom units. Two units are currently vacant, and a third unit—occupied by the seller’s family—will be delivered vacant at closing, allowing for immediate renovation and rental upside.
- In addition to repositioning the existing units, buyers may explore redevelopment opportunities on the vacant portion of the site, including potential ED1 or market-rate housing, subject to verification by LADBS. Offered at approximately $90 per land square foot, the property benefits from convenient access to North Broadway, Spring Street, and Main Street, supporting long-term demand and investment appeal.