2500 Lincoln Park Ave, Los Angeles, CA 90031
List Price: $999K
Listing Status: Active
Original List Price: $1.01M
0Days on Market: 77
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1903
Lot Size: 13,859 sq ft
Private Pool: Yes
MLS Number: PW26035852
About This Property
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.
Listing provided by: Lorenzo Armendariz DRE #02101611 562-521-9022 lorenzo.el.realtor@gmail.com, Circle Real Estate
Source: CRMLS, MLS #: PW26035852
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.