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ResidentialIncome — 2500 Lincoln Park Ave, Los Angeles, CA

$945,000

2500 Lincoln Park Ave, Los Angeles, CA

$945,000 — 2500 Lincoln Park Ave, Los Angeles, CA — photo 1 $945,000 — 2500 Lincoln Park Ave, Los Angeles, CA — photo 2 $945,000 — 2500 Lincoln Park Ave, Los Angeles, CA — photo 3 $945,000 — 2500 Lincoln Park Ave, Los Angeles, CA — photo 4 $945,000 — 2500 Lincoln Park Ave, Los Angeles, CA — photo 5
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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.

Property details

Year built
1903
Property type
ResidentialIncome

Location

2500 Lincoln Park Ave • Los Angeles, CA 90031

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Listed by

Lorenzo Armendariz · Circle Real Estate

Listing courtesy of Circle Real Estate. Information deemed reliable but not guaranteed.

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