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About This Home
This 8-bedroom, 4-bathroom multi-family at 2500 Lincoln Park Ave in Los Angeles, CA is listed for $1,029,000 ($423 per sqft). Built in 1903, the home offers 2,431 sqft of living space on a 0.32 acres lot.
Strong investment opportunity 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 features three separate units, each individually metered for water, electricity, and gas, and each with its own outdoor patio space. The 2-bed/1-bath unit is currently vacant, while the property also includes a 3-bed/1-bath unit and a 3-bed/2-bath unit currently generating a combined $5,300/month. ~8%+ pro forma cap rate.
Key Features
- Built in 1903
- 0.32 acre lot
Property Details
Monthly Cost Estimate
$5,503/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2500 Lincoln Park Ave
Los Angeles, CA 90031
Features & Amenities
Exterior Features
Property Details
Parking
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 2500 Lincoln Park Ave is listed at $1,029,000 ($423/sqft). The estimated monthly payment is $4,459 based on 20% down at 6.5% interest.
Key features include: Built in 1903, 0.32 acre lot. Exterior Features: Community Features Included: Urban, 2-5 Units/Acre.
This property is listed by Lorenzo Armendariz and can be reached at 3107216018 or lorenzo.el.realtor@gmail.com.
