
Los Angeles, California 90031
Welcome to 2920 3/4 Pasadena Avenue, nestled in Lincoln Heights, one of Los Angeles’ earliest neighborhoods, known for its community, character and historic landmarks, including Fire Engine Company No. 1. This newly constructed unit has recessed lights, laminate flooring, shaker kitchen cabinets, Mini Split HVAC all appliances. The current owners are the first to live here since 2024. This charming casita offers a convenient, walkable lifestyle just a half-mile from the Broadway Avenue business corridor, where you’ll find grocery shopping, a community health center, a post office, and Metro train stations. Nearby parks and public transportation make this an appealing opportunity for the working professional seeking convenience and a shorter commute. The home is offered through a Tenants in Common (TIC) ownership arrangement, providing an alternative path to property ownership. Buyers should be prepared to provide a higher down payment than is typically required for a traditional home purchase. We have lenders experienced with this type of ownership structure that are available to assist qualified buyers explore their financing options. TICs are a great option for first time home buyers or entry level buyers.
Property is new construction or fully renovated.
This is a newly constructed/fully renovated unit as of 2024, meeting the criteria for mint condition with no maintenance required. The interior features modern shaker cabinets, laminate flooring, and recessed lighting. Systems are high-end and new, including a Mini Split HVAC and a tankless water heater. The bathroom is completely updated with contemporary tile, glass partitions, and black fixtures.
The unit is newly constructed as of 2024, featuring contemporary upgrades like recessed lighting, shaker cabinets, and a Mini Split HVAC system, ensuring a move-in-ready experience.
Located in the historic Lincoln Heights neighborhood, the property offers excellent walkability to the Broadway business corridor, Metro stations, and local parks, ideal for urban professionals.
Priced at $425,000, this property represents a highly accessible entry point into the Los Angeles real estate market for first-time or budget-conscious buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 388, other record living area = 2306.
The Tenants in Common (TIC) ownership structure necessitates a higher down payment and specialized lending, which can be a significant barrier for some traditional buyers.
At just 388 square feet, the compact living space may limit the property's functionality and long-term appeal for those requiring more room or storage.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 1.0 | 2.9 |
| Square foot | 388 | 2,090.331 |
| Lot Size | 6,006 | 5,852.908 |
| Price | $425.0K | $830.9K |
| Price per sq ft | $1.1K | $394 |
| Built year | 1961 | 1928 |
| HOA | $0 | $0 |
| Days on market | 12 | 87 |
Oct 28, 2026
$425,000
Initial Listing
Jun 7, 2024
$375,000
Public Record
Mar 13, 2024
$559,000
Public Record
Jan 26, 2024
$625,000
Public Record
Sep 19, 2022
$908,500
Public Record