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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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$945,000
Est. payment /mo
0.32 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26035852

HOA Y/N No

Year Built 1903

Lot Size 0.318 Acres

Property Sub-Type Triplex

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

Fireplaces Type None

Inclusions Stove and heater supplied by owner 3621 altura: washer/dryer, refrigerator, stove

Fireplace No

Laundry Laundry Room

Exterior

Parking Features None

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5208025006

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Lorenzo Armendariz Circle Real Estate lorenzo.el.realtor@gmail.com, DRE #02101611

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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2500 Lincoln Park Ave

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