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2312 Lincoln Park Avenue, Los Angeles, California 90031, Los Angeles, 90031 - 5 bed, 3 bath

2312 Lincoln Park Avenue, Los Angeles, California 90031 home-pic-0
ACTIVE$698,900
2312 Lincoln Park Avenue, Los Angeles, California 90031
5Beds
3Baths
2,620Sqft
14,375Lot
Year Built
1910
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
RS25224864
Home ConditionPoor
Features
Good View: None
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $698.9K(10th), sqft - 2620(93th), beds - 5(93th), baths - 3(68th).

HUGE POTENTIAL awaits the lucky buyer of this vintage house on an enormous lot. Plenty of room to build an ADU (or a second house- check out the zoning) on the top of this hillside lot that will capture an amazing view! This classic old craftsman style house is full of its original charm. This property most definitely needs elbow grease and sweat equity, but it is fully occupied by tenants, so it is livable in its present condition. Very long driveway can accommodate at least 7 cars. The house will be sold with tenants in place. Check with the City of LA to see about making multiple units out of this house- it is zoned LARD3. Bring your imagination, paint brush and turn this into your dream house or cash cow! Property will be delivered with existing tenants.

Nearby schools

4/10
Gates Street Elementary School
Public,•K-5•0.2mi
6/10
Multnomah Street Elementary School
Public,•K-5•0.6mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.6mi
4/10
Huntington Drive Elementary School
Public,•K-6•0.9mi
2/10
Murchison Street Elementary School
Public,•K-6•1.0mi
2/10
Hillside Elementary School
Public,•K-5•1.1mi
3/10
Albion Street Elementary School
Public,•K-6•1.1mi
4/10
Loreto Street Elementary School
Public,•K-5•1.3mi
4/10
Bridge Street Elementary School
Public,•K-5•1.6mi
3/10
Ann Street Elementary School
Public,•K-6•1.7mi
5/10
Glen Alta Elementary School
Public,•K-8•0.8mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.4mi
5/10
El Sereno Middle School
Public,•6-8•1.4mi
6/10
Hollenbeck Middle School
Public,•6-8•2.6mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.1mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•0.9mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.5mi

Price History

Date
Event
Price
09/24/25
Listing
$698,900
Condition Rating
Poor
Built in 1910, this property is explicitly described as needing 'elbow grease and sweat equity.' The images confirm this, showcasing extremely outdated and worn conditions in the kitchen and bathrooms, including old linoleum flooring, dated cabinetry, and vintage fixtures (e.g., pink sink, yellow tiles). Other areas show exposed subflooring and peeling paint, indicating a need for substantial repairs and rehabilitation throughout the home. While currently tenant-occupied and 'livable,' it requires extensive renovation to meet modern standards and comfort.
Pros & Cons

Pros

Significant Development Potential: The enormous 14,375 sqft hillside lot, coupled with LARD3 zoning, offers substantial opportunities for building an ADU, a second house, or converting to multiple units, providing significant value-add potential.
Income-Generating Asset: The property is currently fully occupied by tenants, providing immediate rental income for an investor from day one.
Historic Architectural Charm: This classic 1910 Craftsman-style house retains its original charm, appealing to buyers who appreciate vintage architecture and character.
Ample Off-Street Parking: A very long driveway can accommodate at least 7 cars, a highly desirable and valuable feature in the Los Angeles market.
Future View Potential: The hillside location suggests that new construction, such as an ADU or a second dwelling, could capture amazing views.

Cons

Extensive Renovation Required: The property explicitly 'needs elbow grease and sweat equity,' indicating a substantial investment in modernization, repairs, and upgrades will be necessary.
Tenant Occupancy at Sale: The house will be sold with existing tenants in place, which may complicate immediate owner-occupancy or renovation plans due to tenant rights and potential relocation processes.
Age-Related Maintenance & Updates: Built in 1910, the property is likely to require significant updates to its core systems (e.g., plumbing, electrical, HVAC) and general maintenance due to its age.

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