2526 Lincoln Park Avenue, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath

2526 Lincoln Park Avenue
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 2526 Lincoln Park Avenue, Los Angeles, California 90031 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1902, this property is explicitly listed 'AS-IS' and 'requires improvements,' indicating a need for substantial repairs and rehabilitation. The advanced age suggests outdated systems (plumbing, electrical) and the exterior image shows significant wear, old windows, and dilapidated garage doors. While it generates income, it requires extensive capital investment to modernize and address its condition, aligning with the 'poor' category.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Market Demand
Strategically located in Lincoln Heights, offering excellent proximity to Downtown LA, Highland Park, Pasadena, and major transportation corridors, benefiting from strong rental demand and access to amenities.
- Significant Development Potential
Features a substantial 13,540 sqft lot with three separate structures, providing considerable potential for ADU additions, reconfiguration, or redevelopment, subject to buyer verification.
- Immediate Rental Income & Value-Add
A multifamily triplex currently generating consistent cash flow, presenting a clear value-add opportunity for investors seeking to enhance returns through strategic improvements.
CONSRISKS & DEFICIENCIES
- Requires Extensive Improvements (As-Is)
The property is explicitly offered 'AS-IS' and 'requires improvements,' indicating a need for significant capital investment and renovation to modernize and maximize its potential.
- Advanced Age of Structures
Built in 1902, the structures are over a century old, suggesting potential for outdated systems (plumbing, electrical) and requiring substantial upgrades to meet contemporary standards and ensure long-term durability.
- Buyer Responsibility for Development Verification
While development potential exists, the onus is entirely on the buyer to verify zoning, density, and local regulations, introducing a layer of due diligence and potential uncertainty for future projects.
About 2526 Lincoln Park Avenue
Situated in the heart of Lincoln Heights in Northeast Los Angeles, this rare multifamily offering presents an exceptional opportunity for investors, developers, and value-add buyers seeking strong upside in a rapidly improving submarket. The property features three separate structures on a large lot, providing both immediate rental income and future development potential.The existing improvements consist of 5 bedrooms and 3 bathrooms across the structures. The property is generating consistent cash flow, making it an attractive option for buyers seeking stabilized income with long-term appreciation. Elevated positioning offers pleasant neighborhood views .Additional highlights include ample outdoor space, mature fruit trees, and Four garage parking spaces. The property is centrally located near Downtown LA, Highland Park, Pasadena, and major transportation corridors, benefiting from strong rental demand and proximity to employment centers, dining, and cultural amenities.For investors or developers, the expansive lot and existing layout may allow for ADU additions , reconfiguration, or redevelopment, subject to buyer verification of zoning, density, and local regulations. The property is offered AS-IS and requires improvements, creating a clear value-add opportunity with the potential for significant return on investment.Buyer to verify square footage, property condition, and all development possibilities.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1902
- Lot Size
- 13,540 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 • 0.4 mi
Multnomah Street Elementary School
Grades K-5 • 0.7 mi
Huntington Drive Elementary School
Grades K-6 • 0.8 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 | 13,540 | 6,949 | 92% |
| Price | $799.0K | $939.0K | 31% |
| Price per sq ft | $329 | $399 | 38% |
| Built year | 1902 | 1912 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 232 | 15% |
Pricing History
Listed for Sale
Jan 7, 2026
$799,000
Initial Listing
Sold
Nov 23, 2016
$840,000
Public Record
