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Image 1 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 2 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 3 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 4 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 5 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 6 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 7 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Image 8 - York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA - House for sale

Home For Sale In Highland Park, California

York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA

Home For Sale In Highland Park, California

house for sale

8 views

Listed: 03/07/24

York Motel, Lincoln Avenue, Los Angeles, CA 90041, USA

6 Bed:

6 Bath:

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Price

$ 5M

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About This House

Amazing value add opportunity in Highland Park! Previously the York Motel, the property is a total of 12 residential income units and 1 office space. The residential and office units will be deliveredVACANTwith exception of one 1bd+1ba unit. There are two buildings. The building fronting York Blvd is one office space downstairs appx 1200sqft and a one bedroom and a studio upstairs. The second building has 10 units - 6) 2bd+2ba, 2) 2bd+1ba and 2) 1bd+1ba. There is also a two car garage and a laundry room. All units are very large and spacious. Total building size is over10, 000sqft. The listing includes two parcels with total lot size of 19, 000sqft. The second parcel is zoned C4 and currently being used as a parking lot. Soft story retrofit has been completed. Great location on York Blvd close to Occidental College, restaurants and shops.

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Highland Park Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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