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Pending

$899,000

13,861 sqft$65/sqft258 days on market

2500 Lincoln Park Ave

Los Angeles, CA 90031

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

13,861

Square feet

1903

Built

Listing narrative

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.

Listing agent (MLS): Lorenzo Armendariz · Listing brokerage (MLS): Circle Real Estate

Property Details

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Price

$899,000

Beds

Beds n/a

Type

Multi-Family

Home Size

13,861 sqft

Baths

Baths n/a

Lot Size

0.32 acres

Year

1903

Status

Pending

Days on Market

258

$ / Sqft

$65

· 8% down, 7% APR, 30yr fixed
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Courtesy of Circle Real Estate