$799,000
Est. payment /mo
5 Beds
0.31 Acres Lot
New
2526 Lincoln Park Avenue Los Angeles, CA 90031
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-25318
Bedrooms 5
Lot Size 0.311 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Situated in the heart of Lincoln Heights in Northeast Los Angeles, this rare multifamily offering presents an exceptional opportunity for investors, developers, and value-add buyers seeking strong upside in a rapidly improving submarket. The property features three separate structures on a large lot, providing both immediate rental income and future development potential.The existing improvements consist of 5 bedrooms and 3 bathrooms across the structures. The property is generating consistent cash flow, making it an attractive option for buyers seeking stabilized income with long-term appreciation. Elevated positioning offers pleasant neighborhood views .Additional highlights include ample outdoor space, mature fruit trees, and Four garage parking spaces. The property is centrally located near Downtown LA, Highland Park, Pasadena, and major transportation corridors, benefiting from strong rental demand and proximity to employment centers, dining, and cultural amenities.For investors or developers, the expansive lot and existing layout may allow for ADU additions , reconfiguration, or redevelopment, subject to buyer verification of zoning, density, and local regulations. The property is offered AS-IS and requires improvements, creating a clear value-add opportunity with the potential for significant return on investment.Buyer to verify square footage, property condition, and all development possibilities.
Location
State CA
County Los Angeles
Zoning Assessor
Direction N. Broadway and Griffin west of 5 and 110 Freeways
Interior
Heating Wall/Gravity
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5208025001
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition REO
Listed by Roland Castelar WeTrust Realty
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