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2526 Lincoln Park Avenue

Los Angeles (City), CA 90031
  • $799,000
  • STATUS: Pending
  • ON SITE: 67 Days
  • ID#: P1-25318
Pending
UPDATED: 44 min ago
$799,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Ratings & Info

Listing Agent(s): Roland Castelar of WeTrust Realty ((626) 587-4866)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T09:27:32.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171777582
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2526 Lincoln Park Avenue Los Angeles (City), CA 90031

  • Price: $799,000
  • Status: Pending
  • On Site: 67 Days
  • Updated: 44 min ago
  • ID#: P1-25318
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1902
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
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.
Exterior Features

Construction Materials PlasterStucco Entry Level 2 Entry Location 2 floors Fencing Chain Link Foundation Details CombinationRaisedSlab Lot Features 0-1 Unit/AcreBack YardGentle SlopingSprinklers None Number Of Separate Electric Meters 3 Parking Features Converted GarageGarage Faces Front Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof FlatShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Parking Basement YN Yes Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating Gravity Heating YN Yes Interior Features Block WallsMultiple StaircasesAll Bedrooms Up

Property Features

Additional Parcels YN No Association Fee 0 Community Features FoothillsStreet Lights Current Financing ConventionalFannie MaeFreddie MacPrivateVA No Loan Disclosures Rent Control Garage YN Yes Gross Income 6900 Gross Scheduled Income 25200 Insurance Expense 2500 Land Lease YN No Laundry Features None Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalFHA 203(b)FHA Net Operating Income 18000 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 3 Operating Expense 7200 Property Condition Fixer Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Real Estate OwnedStandard Tenant Pays ElectricityGas Total Actual Rent 2100 Trash Expense 100 Utilities Cable AvailableElectricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected Water Sewer Expense 500 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-15T09:27:32.157. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Roland Castelar of WeTrust Realty ((626) 587-4866)