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2520 Lincoln Park Ave, Los Angeles, CA 90031
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2520 Lincoln Park Ave Los Angeles, CA 90031

$899,000
  • 12 Beds
  • 0 Baths
  • 2,843 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified
Map preview of 2520 Lincoln Park Ave, Los Angeles, CA 90031

Property Overview: 2520 Lincoln Park Ave Los Angeles, CA has 12 bedrooms, -- bathrooms, 2,843 living square feet and 589,933,080 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great Investment Opportunity to Own a Property with in-place, existing tenants and cash flow! Two houses on a large deep lot with incredible views. The front house has a street view and 2 bed/2 bath with 1 bedroom having its own entrance. The front house is currently leased by 2 tenants and features a living room letting in lots of light, wainscoting, hardwood floors and a gas fireplace. The kitchen has granite countertops, and opens to formal dining room. Back bedroom has ensuite bath and private entrance. Laundry hookups in unit. House Two has 2 level porch which affords amazing views of the neighborhood. Spacious layout accommodates 3 bedrooms, 2 baths and features large windows throughout which allow for lots of light to enter and enclosed rear patio and laundry hook up. Lower floor has another 1 bedroom unit with with private entrance. Back house has an electric stair lift. Separate gas meters on both houses. This property has parking for 5 vehicles and is just minutes away from Downtown, Dodger Stadium, USC Medical, and L.A. State Historic Park. Property fully occupied with Tenants.

Listed by Rommy Shy | BRE #01874848 | Rommy Shy
Last checked: 2 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
589,933,080
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
SR24056757
City
Los Angeles
County
Los Angeles
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 6
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $9,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $40,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,400
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $500
  • Trash: $2,100
  • Insurance: $5,000
  • Water/Sewer: $2,800

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Property Details for 2520 Lincoln Park Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5208025002
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Broadway on Lincoln Park Avenue
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2520 Lincoln Park Ave

View property's historical transactions

  • March, 2024

  • Mar 22, 2024

    Date

    Active

    CRMLS: SR24056757

    $899,000

    Price

Tax History for 2520 Lincoln Park Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2520 Lincoln Park Ave is listed 28.02% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $316.22 per/sqft which puts the price per square foot 59.04% lower than the median price per square foot for the city of Los Angeles.

About 2520 Lincoln Park Ave

Detailed summary of property

2520 Lincoln Park Ave is a single family home located in Los Angeles, CA 90031 and is currently for sale. This house offers 12 bedrooms, -- bathrooms, roughly 2,843 living square feet, and sits on an approximately 589,933,080 square foot lot. 2520 Lincoln Park Ave was first listed on ArdentRealEstateGroup.com on March 22, 2024. The homeowner is currently asking $899,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.02% lower than the median priced home. Local competing homes currently for sale include 3410 Glenalbyn Dr, 3942 Monterey Rd and 225 W Avenue 45. While the average home in Los Angeles, CA is selling in 97 days, 2520 Lincoln Park Ave has a days on market of 28 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2520 Lincoln Park Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2520 Lincoln Park Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$828,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$762
Total Inventory
36
Median Sale to List Price %
105.67%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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