2500 Lincoln Park Ave, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
2500 Lincoln Park Ave
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 2500 Lincoln Park Ave, Los Angeles, California 90031 is currently available with a list price of $1,015,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1903, the property is well-maintained and move-in ready. The interiors feature significant updates including modern laminate flooring, recessed lighting, and renovated kitchens with stainless steel appliances, shaker-style cabinetry, and stone countertops. The bathrooms have been updated with contemporary vanities and fixtures, and the individual metering for utilities suggests modernized systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Yield Potential
The property offers a strong investment profile with an 8%+ pro forma cap rate and one vacant unit, allowing for immediate market-rate rental income or owner-occupancy.
- Strategic Central Location
Situated in the high-demand historic Lincoln Heights area, the property provides exceptional access to Downtown LA, Highland Park, Pasadena, and major transit corridors.
- Individual Utility Metering
All three units are individually metered for water, electricity, and gas, significantly reducing landlord operating expenses and simplifying utility management.
CONSRISKS & DEFICIENCIES
- Historic Maintenance Risks
Built in 1903, the property's age may necessitate higher ongoing maintenance costs and potential upgrades to aging structural or mechanical systems.
- Variable School Ratings
While the property is located near several schools, many of the local public institutions have lower performance ratings, which may impact appeal for long-term family tenants.
About 2500 Lincoln Park Ave
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1903
- Lot Size
- 13,859 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gates Street Elementary School
Grades K-5 • 0.3 mi
Multnomah Street Elementary School
Grades K-5 • 0.7 mi
Griffin Avenue Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,431 | 2,476 | 46% |
| Lot Size | 13,859 | 6,949 | 92% |
| Price | $1.01M | $1.01M | 50% |
| Price per sq ft | $418 | $403 | 54% |
| Built year | 1903 | 1912 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 232 | 8% |
Pricing History
Listed for Sale
Feb 21, 2026
$1,015,000
Initial Listing
Sold
Jul 7, 2015
$770,000
Public Record
Sold
Feb 28, 2014
$360,000
Public Record
Sold
Feb 16, 2007
$500,000
Public Record