Skip to content
Property Description

Now offered at $1,199,900 ! Outstanding Value in Lincoln Heights!

Generating an estimated $102,000 annual rental income with a projected 7%+ Net CAP Rate, this is a rare high cash-flow opportunity with modern upgrades and excellent rental upside.

Contact broker for details and private showings. Public open houses scheduled for Saturday and Sunday. All offers due by Monday 7/21

Why settle for one when you can own two? For the price of a single home in Highland Park or Mt. Washington, own two fully remodeled, detached homes on one lot ,each with separate addresses, private entrances, separate meters, and outdoor spaces , -delivered 100% vacant and ready for immediate occupancy or rental.

Ideal for both investors and owner-occupants, this versatile Lincoln Heights duplex offers projected gross rental income of approximately $8,800/month (rear unit: $4,600, front unit: $4,200), delivering strong cash flow in a centrally located neighborhood.

The front home (2BR + den / 2BA, approx. 1,206 sqft, built in 1895) features a flexible bonus room that could serve as a third bedroom or office, plus a private-entry bedroom ideal for a potential studio suite.

The rear home (3BR / 2.75BA, approx. 1,980 sqft, built in 1988) boasts high ceilings, an open layout, granite kitchen, spacious living areas, and a primary suite with en-suite bath. A 2-car attached garage adds convenience and value. Located near DTLA, Keck USC, Highland Park, and Silver Lake.

Showings available now. Don’t miss this well-positioned, high cash-flow property in a rapidly growing neighborhood

Features
: None
: Zoned, Ductless
: None
: Walk-In Closet(s), Jack and Jill Bath
: Washer Hookup, Gas Dryer Hookup
: Public Sewer, None
: Sewer Not Available
Address Map
507 E Avenue 28, Los Angeles, California 90031
US
CA
Los Angeles
Los Angeles
90031
Yes
Avenue 28
507
W119° 47' 25.8''
N34° 4' 46.7''
E ave 28 / Montecito St.
677 - Lincoln Hts
E
LAR2
Neighborhood
Los Angeles Unified
Additional Information
: Public
2
1
1299000
2025-07-02
2
: Back Yard, Garden, Front Yard
: One, Two
2.0
1
: Suburban
1
Listing Information
Daniel Huang
Trhuandan
PB2168
PYC Financial
TRLEERICK
PB21705
Cash,Cash to New Loan,Conventional
Active
2025-07-17T19:51:14Z
CRMLS
: Standard
2025-07-02T21:23:29Z

Residential For Sale

507 E Avenue 28, Los Angeles, California 90031

6 Bedrooms
5 Bathrooms
3,186 Sqft
$1,199,900
Listing ID #TR25149021
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : TR25149021
Price : $1,199,900
View : None
Bedrooms : 6
Bathrooms : 5
Square Footage : 3,186 Sqft
Year Built : 1988
Lot Area : 0.15 Acre
Office Name : Ricky&Jessie Realty
Agent Name : Ricky Lee
Full Bathrooms : 5
Property Sub Type : Duplex
Listing Status : Active
Agent info
All View Realty
Contact Agent
2551569_AVR_Logo_Revamp_7_031025