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Listed by: Patrick Owen DRE #01076539 | Pat Owen Realty (800) 919-7356
$525,000
Monthly Est:$2,613
6 Beds
3 Baths
3,300sqft
2312 Lincoln Park, Los Angeles, CA 90031
$525,000
$2,613/moEst:
Get Pre-Approved
Triplex
Built in 1910
$-- HOA
14,529 sqft lot
$159/sq.ft
Description
Please NOTE- The list price is the starting bid auction price, NOT the selling price. Property will be available for bidding on an online auction- bids will be opened daily. There will be a Seller Reserve, so this is not an Absolute Auction. There will be a Buyer Premium charge to the successful bidder. Call your Realtor about terms and conditions. Investor GOLD MINE! Not only do you get three 2/1 units, but the lot is zoned R3 and most properties on this side of the block are 8+ units! The lot is flat in front, but sloped in the rear, so you have building potential on the hill to capture amazing city lights views, including Chavez Ravine and Catalina! If it were renovated and rented at market value then this property is easily worth 1.3M, but add more units or a dream house on the hill and you could be looking at millions of dollars in property value! There is a down-side... Two of the three units are occupied and pay way under market rent. The third unit is occupied by a relative of the former tenant and has not paid rent since the tenant moved out, so he is considered a squatter. A 3-day Notice was served already. Both paying tenants are open to discuss relocation assistance. The upside is incredible, so hurry and make your offer subject to interior inspection TODAY!!! NOTE- property will be delivered with tenants and squatter in place at the close of escrow. Neither the seller nor their agent will begin eviction proceedings.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 17, 2026 at 9:20 am
- Source: California Regional MLS-CA | MLS#: RS26119870
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1910
HOA Fees
-
Finished Area
3,300 sqft
Lot Size
14,529 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
RS26119870
MLS Status
Active
Days on Market
137
Cumulative Days on Market
86
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Interior
Sewer
Unknown
Utilities & Energy
Laundry Features
None
Water Source
Public
Pool Features
None
Parking Features
Driveway
Other Features
Community Features
Street Lights, Sidewalks, Urban
Price History
| Date | Event | Price |
|---|---|---|
06/02/2026 Source: | Price Decreased | $525,000 -23.79% $159/sqft |
06/02/2026 Source: | Listed for Sale | $688,900 $209/sqft |
Lincoln Heights Ranks #195 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 18, 2026, 02:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
