5053 Lincoln Avenue, Los Angeles, CA 90042

About this property

This is a prime opportunity to acquire a new construction co-living project fully rented at market rates. Recently completed, this furnished asset features two units with six bedrooms each along with a ground floor retail space. Every bedroom has an en-suite bathroom for maximum rental potential, and high end finishes and appliances throughout. Built with integrated Latch smart locks and intercom system, this property was built with ease of management in mind. The property will delivered fully leased including the retail space.

Listing description from the May 2022 sale, as reported to CRMLS.

Sale history

$3,100,000

Sold May 2022 · listed $3,490,000, on market March 2022 · MLS #AR22054202 · Source: CRMLS

Listing Agent: Alan Lu · Listing Office: ALTC Realty · Contact: 626-378-8007 · Bought with: Alan Lu · ALTC Realty

$890,000

Sold August 2018 · listed $895,000, orig. $995,000, on market June 2018 · MLS #18355476 · Source: CRMLS

Listing Agent: Elizabeth Clark · Listing Office: BRC Advisors Inc. · Contact: 213-226-8700 · Bought with: Elizabeth Clark · BRC Advisors Inc.

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