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2931 Lincoln Park Ave, Los Angeles, CA 90031
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2931 Lincoln Park Ave Los Angeles, CA 90031

$1,675 Leased Price as of 05/03/2021
  • 2 Beds
  • 1 Baths
  • 800 Sq.Ft.
Leased
$1,675 Leased Price as of 05/03/2021 Refinance Your Mortgage
Map preview of 2931 Lincoln Park Ave, Los Angeles, CA 90031

Property Overview: 2931 Lincoln Park Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 800 living square feet and 14,755 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Cozy 2 bedroom 1 bathroom apartment in Los Angeles! This unit features brand new flooring in entire home! Enjoy lots of kitchen storage with an abundance of cabinets, unit comes with a stove. There is a laundry room on site and one assigned uncovered parking spot. Convenient to Abraham Lincoln High School, Kei-Ai Los Angeles Healthcare Center, Ascot Hills Park, food, shopping and more!

Listed by Justin Reese | BRE #01778434 | JRealty
Last checked: 4 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
14,755
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Apartment
Status
Leased
MLS#
SB21085056
City
Los Angeles
County
Los Angeles
Time on Site
1086 days

Property Details for 2931 Lincoln Park Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Kitchen
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 5208021001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Other
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Cross Street Lincoln Park and Flora Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2931 Lincoln Park Ave

Last leased for $1,675 on May 3rd, 2021

  • April, 2024

  • Apr 24, 2024

    Date

    Withdrawn

    CRMLS: 24367863

    $1,680,000

    Price

  • Mar 12, 2024

    Date

    Active

    CRMLS: 24367863

    $1,680,000

    Price

  • Listing provided courtesy of CRMLS

    2931 Lincoln Park Avenue presents a unique opportunity to tap into the historic Los Angeles neighborhood of Lincoln Heights at a relatively low-cost basis with significant rental upside. The 9-unit apartment building sits in a quiet valley region of Lincoln Heights within a short distance of main thoroughfare Broadway and its growing range of dining and entertainment options. Tenants will appreciate the property's close and convenient proximity to the 110 and 5 freeways, facilitating easy commutes to job centers Pasadena and Downtown Los Angeles, as well as to surrounding Los Angeles neighborhoods of interest including East Hollywood, Los Feliz, Atwater Village, Highland Park, and Montecito Heights. The apartment features four (4) one-bedroom units and five (5) two-bedroom units across 6,522 rentable square feet. Due to the property's over-sized 14,781 square foot lot and its topography, a prospective buyer may have the ability to construct multiple accessory dwelling units onto the parcel. In addition, with rents at approximately 80% below the market rate, this opportunity provides a promising value-add play within a sought-after location with a short supply of multi-family properties. 2931 Lincoln Park Avenue is being marketed for sale for the first time in nearly twenty-four (24) years. The asset is an attractive choice for investors looking to capitalize on both immediate and long-term growth potential in the market.

  • May, 2021

  • May 3, 2021

    Date

    Leased

    CRMLS: SB21085056

    $1,675

    Price

  • Apr 22, 2021

    Date

    Active

    CRMLS: SB21085056

    $1,675

    Price

  • March, 2011

  • Mar 16, 2011

    Date

    Sold (Public Records)

    Public Records

    $491,000

    Price

  • May, 1994

  • May 13, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2931 Lincoln Park Ave

Assessed Value (2020): $654,593
Year Land Value Improved Value Assessed Value
2020 $374,845 $279,748 $654,593

Home Value Compared to the Market

This property vs the competition

2931 Lincoln Park Ave has recently been leased in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment.

About 2931 Lincoln Park Ave

Detailed summary of property

2931 Lincoln Park Ave is a apartment that was recently leased in Los Angeles, CA 90031. This apartment offered 2 bedrooms, 1 bathrooms, roughly 800 living square feet, and sits on an approximately 14,755 square foot lot. 2931 Lincoln Park Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner leased the property for $1,675. While the average home in Los Angeles, CA is selling in 96 days, 2931 Lincoln Park Ave has a days on market of 11 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. Local homes that are currently for sale include 4220 Homer St, 181 French Ave and 137 E Avenue 43. For more information on this home for lease at 2931 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 2931 Lincoln Park Ave

Public county record property details
Beds
14
Baths
9
Year built
1960
Sq. Ft.
6,522
Lot Size
14,780
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5208-021-001

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.
$566
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
35
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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Call, Text or Message
(714) 706-1823

Homes for Sale Near 2931 Lincoln Park Ave

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Homes for Lease Near 2931 Lincoln Park Ave

Nearby Homes for Lease

141 S Avenue 22 #10, Los Angeles, CA 90031
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2736 Pomeroy Ave #55, Los Angeles, CA 90033
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500 Sq.Ft.
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2448 Boulder St #10, Los Angeles, CA 90033
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0 Beds
1 Baths
352 Sq.Ft.
2448 Boulder St #10
Los Angeles, CA 90033

Recently Leased Homes Near 2931 Lincoln Park Ave

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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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