2500 Lincoln Park Ave, Los Angeles, CA 90031
2500 Lincoln Park Ave, Los Angeles, CA 90031
2500 Lincoln Park Ave, Los Angeles, CA 90031
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Mike Jones

Mike Jones

+1(480) 326-9233
$1,029,000
Est. payment /mo
8 Beds
4 Baths
0.32 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26035852

Bedrooms 8

Lot Size 0.318 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Strong investment opportunity, with 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 features three separate units, each individually metered for water, electricity, and gas, and each with its own outdoor patio space. The middle 2-bed/1-bath unit and the top unit 3-bed/1-bath are both vacant. The he property also includes a 3-bed/2-bath unit. ~8%+ pro forma cap rate.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction From Freeway Exit Broadway, Turn left on Lincoln Park

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5208025006

Acceptable Financing Cash, Exchange, FHA

Listing Terms Cash, Exchange, FHA

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MLS Router / San Diego MLS
Listed by Lorenzo Armendariz, DRE#02101611 Circle Real Estate 

Nearby School & Business

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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