2500 Lincoln Park Ave, Los Angeles, CA 90031
- $945,000
List Agent Lorenzo Armendariz () Circle Real Estate; CoList ()
- List Price
- $945,000
- Price Change
- ▼ $30,000 1784337597
- Status
- ACTIVE
- MLS#
- PW26035852
- Year Built
- 1903
- Lot Size
- 13,859
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 145
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
TWO VACANT UNITS!, in Los Angeles’ historic Lincoln Heights with upside and immediate cash-flow potential. The property is located in a vibrant, high-demand area with convenient access to the city center, transit, and major freeways, and is centrally positioned near Downtown, Highland Park, Pasadena, and Dodger Stadium. This well-maintained triplex offers three separate units, each individually metered for water, electricity, and gas, along with private outdoor patio space. The property currently offers two vacant units: a 2-bedroom, 1-bath middle unit and a 3-bedroom, 1-bath top unit, creating flexibility for owner-users or investors seeking market rents. The additional 3-bedroom, 2-bath unit is tenant occupied. An excellent opportunity for both cash flow and long-term appreciation with a projected 8%+ pro forma cap rate. Buyer to verify all financial information and potential income.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.