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Price Drop: $46K (10/15)
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Listed by: Lorenzo Armendariz (310) 721-6018 DRE #02101611 | Circle Real Estate (562) 521-9022
$899,000
Monthly Est:$4,475
8 Beds
4 Baths
2,431sqft
2500 Lincoln Park Ave, Los Angeles, CA 90031
$899,000
$4,475/moEst:
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Triplex
Built in 1903
$-- HOA
13,859 sqft lot
$370/sq.ft
Description
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 15, 2026 at 8:48 pm
- Source: California Regional MLS-CA | MLS#: PW26035852
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1903
HOA Fees
-
Finished Area
2,431 sqft
Lot Size
13,859 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26035852
MLS Status
ActiveUnderContract
Days on Market
2
Cumulative Days on Market
220
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Pool Features
None
Parking Features
None
Laundry Features
Laundry Room
Fireplace Features
None
Other Features
Lot Features
Two To Five Units Acre
Community Features
Urban
Tenant Pays
Electricity, Gas, Water
Price History
| Date | Event | Price |
|---|---|---|
08/19/2026 Source: | Pending | $899,000 $370/sqft |
08/19/2026 Source: | Contingent (Active Under Contract) | $899,000 -4.87% $370/sqft |
07/17/2026 Source: | Price Decreased | $945,000 -3.08% $389/sqft |
06/16/2026 Source: | Price Decreased | $975,000 -2.40% $401/sqft |
05/21/2026 Source: | Price Decreased | $999,000 -2.92% $411/sqft |
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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
