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135 S Avenue 23
677 - Lincoln Hts Los Angeles 90031

$960,000
Residential Income built: 1902

Main Photo: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
Photo 1: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
Photo 2: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
Photo 3: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
SB26230652
Year Built:
1902
This 6-unit apartment building investment property is located at 135 Avenue 23 in Los Angeles. The subject property is situated in a prime Lincoln Heights location, just east of Griffin Ave and north of N Broadway, offering an opportunity in one of Northeast Los Angeles' most accessible neighborhoods. The unit mix consists of three two-bedroom, two-bathroom units and three two-bedroom, one-bathroom units. The property features 10 parking spaces in the back of the building and separately metered gas and electricity. The location provides immediate access to the 5, 10, and 110 freeways, the Metro A Line, and major commercial corridors including North Broadway, Mission Road, Griffin Avenue, and Huntington Drive. Nearby destinations include Paradise Hill Park, the USC Health Sciences Campus, and various local retailers and restaurants.
Property Sub Type:
Apartment
Property Attached:
Yes
Lot Area:
9,902 sq. ft.
Bathrooms:
- (Full:-, Half:-)
Year built:
1902 (Age: 124)
General Listing Location:
Los Angeles, 677 - Lincoln Hts
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
Community Apartment
Gross Income:
$82,000
Gross Scheduled Income:
$82,000
Net Operating Income:
$44,900
Rent Control:
Yes
Total Actual Rent:
$82,000
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$9,900
Licenses expense:
600.0
Maintenance Expense:
$500
Taxes expense:
9600.0
Operating Expense:
$37,100
Professional Management Expense:
$0
Trash Expense:
$2,000
Water and Sewer Expense:
$10,000
Tax Lot:
9
Tax Block:
10
Between Pasadena Ave, Avenue 23 & Barranca St.
View:
Neighborhood
Number of Buildings:
1
# of Electric Meters:
6
# of Gas Meters:
6
# of Water Meters:
0
# Units Leased:
6
Lease Term:
Month To Month
Community Features:
Sidewalks, Urban
Senior Community:
No
Laundry Features:
Electric Dryer Hookup, Gas Dryer Hookup
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
0-1 Unit/Acre
Num Stories:
2
Entry Level:
1
Entry Location:
front
New Constr.:
No
Common Walls:
2+ Common Walls, No One Above, No One Below
# Units:
6
Heating:
Wall Furnace
Cooling:
None
Fencing:
Fair Condition
Water supply:
Public
Sewer:
Public Sewer
Spa:
No
Road Surface Type:
Paved
Garage Spaces:
0
Uncovered Spaces:
10
Total Parking Spaces:
10
Parking Features:
On Site, Paved, One Space, Uncovered
Special Listing Conditions:
Standard
Parcel Number:
5204002004
  • Photo 1: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
    Photo 1 of 3
  • Photo 2: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
    Photo 2 of 3
  • Photo 3: 135 S Avenue 23 in Los Angeles: Residential Income for sale (677 - Lincoln Hts)  : MLS®# SB26230652
    Parking
Listed by Keller Williams Realty
Data was last updated October 27, 2026 at 12:40 AM (UTC)