214 S Avenue 18 Ave, Los Angeles, CA 90031 (MLS # 26641345)
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We are pleased to present both a 4-unit apartment building and vacant land located at 214-218 S Avenue 18 in Los Angeles, California. It is located in a good Lincoln Heights location, north of Main St and west of Griffin Ave. This well-located Lincoln Heights property offers a rare development and value-add opportunity on a large 12,119 SF double lot with two separate APNs, zoned LARD1.5. The site includes an existing 2,066 SF fourplex comprised of two one-bedroom and two two-bedroom bungalow-style units. Two units are currently vacant, while one additional unit is occupied by the seller's family and will be delivered vacant upon sale, providing near-term upside. Buyers can renovate the vacant units and explore redevelopment options on the vacant land, including potential ED1 or market-rate housing, subject to LADBS verification. Priced at approximately $90 per total land SF, the property benefits from excellent access to major commercial corridors including North Broadway, Spring Street, and Main Street, supporting long-term investment appeal. Overall, the vacant units and land provide a clear value-add pathway, offering immediate upside through renovation and the potential to further maximize density and returns through redevelopment of the vacant lot.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/21/2026 |
|---|---|---|---|
| YEAR BUILT | 1923 | COMMUNITY | 677 - Lincoln Hts |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | 677 - Lincoln Hts |
|---|---|
| LOT | 4112 sq ft |
| LOT DIMENSIONS | 4113 |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
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