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Listed by Lorenzo Armendariz, DRE #02101611 • Circle Real Estate
$975,000
Est. payment /mo
0.32 Acres Lot
Price Dropped by $24K
2500 Lincoln Park Ave Los Angeles, CA 90031
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26035852
Year Built 1903
Lot Size 0.318 Acres
Property Sub-Type Triplex
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Laundry In Laundry Room
Exterior
Parking Features No Parking
Pool 31, None
Building
Story One Story
Water District - Public
Others
Tax ID 5208025006
Special Listing Condition Not Applicable
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