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.
Description
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.
Listing Details
- Space Type
multifamily
- Sub Category
apartments-building
- Date Listed
2/6/2026
Property Specifics
- Property Name
214-218 S Ave 18
- No of Buildings
3
- No of Units
4
- Year Built
1923
- Building Size
2,066 SF
- Lot Size
12,119 SF
- APN
5447-025-012, 5447-025-014
- Zoning
LARD1.5