Properties
Los Angeles, CA 90031 2500 Lincoln Park Ave
$1,015,000
13 more
Presented By: Lorenzo Armendariz with Circle Real Estate; lorenzo.el.realtor@gmail.com
Baths • 1
SQFT • 2,431
Home Details
Strong investment opportunity, with 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 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.
Presented By: Lorenzo Armendariz with Circle Real Estate; lorenzo.el.realtor@gmail.com
Interior Features for 2500 Lincoln Park Ave
Other Interior Features
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesLaundry Room
Total Stories1
Other Rooms
Entry Level1
General for 2500 Lincoln Park Ave
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsFrom Freeway Exit Broadway, Turn left on Lincoln Park
Electric Expense
Entry Locationfront door
Expected Active Date 2026-02-21
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income98040
HOANo
Insurance Expense2452
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, 1031 Exchange, FHA
Lot Size Square Feet13859
Lot Size UnitsSquare Feet
MLS Area677 - Lincoln Hts
Net Operating Income77793.01
New ConstructionNo
Number Of Units Total3
Number of Units Leased2
Open Parking Spaces0
Operating Expense20246.9
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot6
Taxes$0
Tenant PaysElectricity, Gas, Water
Total Actual Rent5300
Trash Expense0
Water Sewer Expense0
Year Built1903
Year Built SourcePublic Records
Exterior for 2500 Lincoln Park Ave
Building Area Total2431
InclusionsStove and heater supplied by owner 3621 altura: washer/dryer, refrigerator, stove
Lot Features2-5 Units/Acre
Lot Size Acres0.3182
Lot Size Area13859
Lot Size SourcePublic Records
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Parking FeaturesNone
Pool Charge0
Private PoolNo
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
