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2826 Lincoln Park Ave, Los Angeles, CA 90031
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2826 Lincoln Park Ave Los Angeles, CA 90031

$452,000 Sold Price as of 03/27/2019
  • 4 Beds
  • 2 Baths
  • 1,194 Sq.Ft.
Sold
$452,000 Sold Price as of 03/27/2019 Refinance Your Mortgage
Map preview of 2826 Lincoln Park Ave, Los Angeles, CA 90031

Property Overview: 2826 Lincoln Park Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,194 living square feet and 7,491 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 2-unit duplex is situated in the extremely convenient Lincoln Heights North neighborhood of Los Angeles.

Listed by Jerry Sun | BRE #01338788 | RE/MAX Premier Properties
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,491
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
AR19003655
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,007
  • Total Rent: $1,007
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $736
  • Total Rent: $736
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $20,916
  • Net Operating Income: $16,001
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,915
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $2,728
  • Trash: $0
  • Insurance: $720
  • Water/Sewer: $1,260
  • Other Expenses: $207
  • Other Expense Description: City Fee

Property Details for 2826 Lincoln Park Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard, Park Nearby, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5208020023
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N of Broadway
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 2826 Lincoln Park Ave

Last sold for $452,000 on March 27th, 2019

  • March, 2019

  • Mar 28, 2019

    Date

    Sold

    CRMLS: AR19003655

    $452,000

    Price

  • Mar 18, 2019

    Date

    Pending

    CRMLS: AR19003655

    $459,000

    Price

  • Feb 25, 2019

    Date

    Active Under Contract

    CRMLS: AR19003655

    $459,000

    Price

  • Feb 6, 2019

    Date

    Active

    CRMLS: AR19003655

    $459,000

    Price

  • Jan 23, 2019

    Date

    Pending

    CRMLS: AR19003655

    $459,000

    Price

  • Jan 14, 2019

    Date

    Active

    CRMLS: AR19003655

    $459,000

    Price

  • Jan 6, 2019

    Date

    Pending

    CRMLS: AR19003655

    $459,000

    Price

  • Jan 6, 2019

    Date

    Active

    CRMLS: AR19003655

    $459,000

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $452,000

    Price

  • January, 2019

  • Jan 5, 2019

    Date

    Expired

    CRMLS: AR18222383

    $459,000

    Price

  • Dec 13, 2018

    Date

    Price Change

    CRMLS: AR18222383

    $459,000

    Price

  • Nov 18, 2018

    Date

    Price Change

    CRMLS: AR18222383

    $479,000

    Price

  • Nov 17, 2018

    Date

    Active

    CRMLS: AR18222383

    $499,000

    Price

  • Nov 16, 2018

    Date

    Pending

    CRMLS: AR18222383

    $499,000

    Price

  • Nov 10, 2018

    Date

    Active

    CRMLS: AR18222383

    $499,000

    Price

  • Oct 29, 2018

    Date

    Pending

    CRMLS: AR18222383

    $499,000

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: AR18222383

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    This 2-unit duplex is situated in the extremely convenient Lincoln Heights North neighborhood of Los Angeles. Conveniently located just minutes from several local recreation parks, schools, supermarkets, retails shops, banks, pharmacies, and eateries. Close to Lincoln Heights Branch Library, Heritage Square Museum, Dodger Stadium, Downtown LA, Chinatown, along with easy access to all major freeways and public transport systems. It is an ideal location for generating rental income. This duplex sits on a large 7,491 square foot lot. It features a total of 4 bedrooms and 2 bathrooms, combining for approximately 1,194 square feet of living space. Each unit consists of two bedrooms and one bathroom and enjoys their own private yard. There are two separate electric meters, one gas meter, and one water meter. The potential for this property will be hard to match in today's market. This is a great property with exceptional upside rental potential to complement your investment portfolio. Regarding all future expansion possibilities and necessary permits, please verify with the city authority.

  • August, 2018

  • Aug 8, 2018

    Date

    Expired

    CRMLS: WS18136283

    $519,000

    Price

  • Jul 28, 2018

    Date

    Price Change

    CRMLS: WS18136283

    $519,000

    Price

  • Jun 8, 2018

    Date

    Active

    CRMLS: WS18136283

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment property, consisting of a total of 4 bedrooms. Duplex are separate houses on spacious lot. Abundance of space for parking and outdoor gardening. Completely fenced for privacy. Easy access to public transportation. Convenient to USC Medical Center and Cal State LA. All appliances are tenants personal property. New laminate floors in bedrooms and fresh exterior paint for front house. Property has upgraded gas lines. Newer water heater in rear house. Property will be sold in AS IS condition. Offer subject to inspection. Please do not disturb tenants.

  • February, 2018

  • Feb 20, 2018

    Date

    Expired

    CRMLS: SB17277695

    $497,000

    Price

  • Dec 31, 2017

    Date

    Active

    CRMLS: SB17277695

    $497,000

    Price

  • Dec 23, 2017

    Date

    Active Under Contract

    CRMLS: SB17277695

    $497,000

    Price

  • Dec 20, 2017

    Date

    Active

    CRMLS: SB17277695

    $497,000

    Price

  • Listing provided courtesy of CRMLS

    Outstanding opportunity to own a 2 unit property in desirable Lincoln Heights! Lowest priced income property in an up and coming neighborhood! Great upside potential in rent in a trendy, gentrifying area. Two separate houses on a large lot with 7497 sq ft - a tremendous asset to have a lot this size. The property is perfectly positioned to enjoy the best of historic Los Angeles. Just minutes to landmark eateries and night life, Chinatown, Downtown, Arts District and Dodger Stadium. Exceptional investment opportunity near Cal State LA and USC Medical Center with convenient freeway access. Recent improvements include fresh exterior paint on front house, new laminate floors in bedrooms of front house, upgraded gas lines, and newer water heater in rear house. Sold AS-IS. Please do not disturb tenants.

  • December, 2017

  • Dec 20, 2017

    Date

    Expired

    CRMLS: SB17217408

    $497,000

    Price

  • Nov 29, 2017

    Date

    Price Change

    CRMLS: SB17217408

    $497,000

    Price

  • Nov 25, 2017

    Date

    Active

    CRMLS: SB17217408

    $510,000

    Price

  • Nov 14, 2017

    Date

    Active Under Contract

    CRMLS: SB17217408

    $510,000

    Price

  • Sep 20, 2017

    Date

    Active

    CRMLS: SB17217408

    $510,000

    Price

  • Listing provided courtesy of CRMLS

    Outstanding opportunity to own a 2 unit property in desirable Lincoln Heights! Lowest priced income property in an up and coming neighborhood! . Great upside potential in rent in a trendy, gentrifying area. Two separate houses on a large lot with 7491 sq ft - a tremendous asset to have a lot this size. This property is perfectly positioned to enjoy the best of historic Los Angeles. Just minutes to landmark eateries and night life, Chinatown, Downtown, Arts District, and Dodger Stadium. Exceptional investment opportunity near Cal State LA and USC Medical Center with convenient freeway access. Recent improvements include fresh exterior paint on front house, new laminate floors in bedrooms of front house, upgraded gas lines, and newer water heater in rear house. Sold AS-IS. Please DO NOT disturb tenants.

  • July, 2012

  • Jul 16, 2012

    Date

    Sold (Public Records)

    Public Records

    $195,000

    Price

Show More

Tax History for 2826 Lincoln Park Ave

Assessed Value (2020): $461,040
Year Land Value Improved Value Assessed Value
2020 $321,300 $139,740 $461,040

Home Value Compared to the Market

This property vs the competition

2826 Lincoln Park Ave sold on March 27, 2019 for 61.43% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $384.42 per/sqft which puts the price per square foot 49.08% lower than the current median sale per square foot for the city of Los Angeles.

About 2826 Lincoln Park Ave

Detailed summary of property

2826 Lincoln Park Ave is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,194 living square feet, and sits on an approximately 7,491 square foot lot. 2826 Lincoln Park Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $452,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 61.43% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 94 days, 2826 Lincoln Park Ave has a days on market of 26 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2826 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 2826 Lincoln Park Ave

Public county record property details
Beds
4
Baths
2
Year built
1914
Sq. Ft.
1,194
Lot Size
7,491
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5208-020-023

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
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

Thinking of Selling?

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(714) 706-1823

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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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