2500 Lincoln Park Ave, Los Angeles, California 90031, Los Angeles, 90031 - 0 bed, 0 bath
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Los Angeles, California 90031
This Strategic Multi-Unit Asset is listed at $1,029,000, representing a stable valuation closely aligned with its $1,012,094 Fair Market Value. Boasting a Condition Rating of 3, the property features renovated interiors with stone countertops and individually metered utilities for maximum operational efficiency. With two units delivered vacant, the asset is positioned for an immediate 8%+ pro forma cap rate and features scenic park and hillside views. Located steps from Abraham Lincoln Senior High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500 Lincoln Park Ave Subject | $999,000* List Price | 0 | 0 | 2,431 | $411 | - |
A 2309 Johnston Sold | $1,190,000 | 0 | 0 | 2,700 | $441 | 0.5 mi |
B 119 E Avenue 36 Active | $1,025,000 List Price | 0 | 0 | 2,490 | $412 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1903, the property has undergone significant interior renovations making it move-in ready. The kitchen is updated with stone countertops, modern cabinetry, and a stainless steel range hood. Bathrooms feature contemporary vanities and updated tile work. The presence of recessed lighting, laminate flooring, and well-maintained living spaces indicates the property has been renovated within the last 5 to 15 years, though the exterior shows minor age-related wear.
With two of the three units delivered vacant, investors can immediately capitalize on market-rate rents and achieve a strong pro forma cap rate of over 8%.
Situated in the historic and vibrant Lincoln Heights neighborhood, the property offers prime access to Downtown Los Angeles, Highland Park, and major transit corridors.
The units are individually metered for water, electricity, and gas, which minimizes owner expenses and simplifies utility management for the landlord.
Built in 1903, this century-old structure may require substantial ongoing maintenance and capital improvements to aging systems like plumbing and electrical.
The property is served by schools with relatively low ratings, which could limit the appeal for long-term family tenants and impact future resale value.
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.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,431 | 2,682 | 38% |
| Lot Size | 13,859 | 8,262.5 | 88% |
| Price | $999.0K | $969.0K | 50% |
| Price per sq ft | $411 | $393 | 50% |
| Built year | 1903 | 1915 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 174 | 13% |
May 23, 2026
$999,000
$1,029,000
-3% Price Drop
Initial Listing
Apr 10, 2026
$1,029,000
$1,015,000
+1% Price Increase
Initial Listing
Feb 21, 2026
$1,015,000
Initial Listing
Jul 7, 2015
$770,000
Public Record
Feb 28, 2014
$360,000
Public Record
Feb 16, 2007
$500,000
Public Record