$ 799,000
-
$799,000
Price -
5
Bed -
2
Bath -
2,431
SqFt
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About the Listing P11817 - P23142
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.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Gravity
- Fireplaces:
- Floor: Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Block Walls,Multiple Staircases,All Bedrooms Up
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Back Yard,Gentle Sloping,Sprinklers None,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: LAR1
- Roof: Flat,Shingle
- Others: Fixer,Plaster,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Converted Garage,Garage Faces Front
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5208025001
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2526 Lincoln Park Ave Los Angeles, CA 90031
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