Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1890
Sq.Footage
3,133
DELIVERED W/ 1 VACANT & BUILD UP TO 4 DETACHED ADUs WITH SB-1211... 2105 Keith Street is a charming craftsman-style 4-unit apartment building located in the historic Lincoln Heights neighborhood of Los Angeles. One of the units will be delivered vacant by 12/1/2025, perfect for an owner-user. The property is situated on a 7,512 square foot lot (approx. 50' x 150') and features a unit mix of (4) one-bedroom/one-bath units averaging a spacious 783 square feet each. A vacant backyard pad measuring approximately 70' x 50' provides a unique opportunity for additional density, including the potential to construct up to four (4) detached ADUs under California state law SB-1211 (buyer to verify). The property also offers investors a compelling value-add opportunity, with three out of the four units currently leased at below-market rents with more than 63% rental upside - achievable through renovations and lease turnover. The building is separately metered for gas and electricity, reducing operating costs for ownership. Ideally located, 2105 Keith Street sits just minutes from the USC Health Sciences Campus and Los Angeles General Medical Center, two of the area's largest employment hubs. The property is also a short drive from Highland Park, Echo Park, and Boyle Heights, three of LA's strongest rental submarkets, providing sustained tenant demand. Offered at $900,000, which equates to $225,000 per unit and $287 per square foot, 2105 Keith Street presents investors with an extremely attractive basis and clear paths to drive future value. With its Craftsman character, strong submarket fundamentals, substantial rental upside, and unique ADU development potential, this is a rare Lincoln Heights multifamily opportunity suited for both seasoned investors and new buyers alike.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1725
-
Property Type
Residential Income
Price
-
Sales Price
$900,000
-
Sq. Footage
3, 133
-
Price/SqFt
$287
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jake Glaser , Lyon Stahl Investment Real Estate, Inc.
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