Search
5053 Lincoln Ave, Los Angeles, CA 90042
Image 2 for 5053 Lincoln Ave, Los Angeles, CA 90042
Image 3 for 5053 Lincoln Ave, Los Angeles, CA 90042
View Photos

5053 Lincoln Ave Los Angeles, CA 90042

$3,100,000 Sold Price as of 05/30/2022
  • 12 Beds
  • 0 Baths
  • 4,579 Sq.Ft.
Sold
$3,100,000 Sold Price as of 05/30/2022 Refinance Your Mortgage
Map preview of 5053 Lincoln Ave, Los Angeles, CA 90042

Property Overview: 5053 Lincoln Ave Los Angeles, CA has 12 bedrooms, -- bathrooms, 4,579 living square feet and 5,182 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a prime opportunity to acquire a new construction co-living project fully rented at market rates. Recently completed, this furnished asset features two units with six bedrooms each along with a ground floor retail space. Every bedroom has an en-suite bathroom for maximum rental potential, and high end finishes and appliances throughout. Built with integrated Latch smart locks and intercom system, this property was built with ease of management in mind. The property will delivered fully leased including the retail space.

Listed by Alan Lu | BRE #01514595 | ALTC Realty
Last checked: 16 minutes ago | Last updated: June 6th, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
5,182
HOA Dues
$0/mo
Year built
2022
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR22054202
City
Los Angeles
County
Los Angeles
Time on Site
790 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 6
  • # of Baths: 0
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $8,100
  • Total Rent: $8,100
  • Pro Forma/Market Rent: $8,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $234,600
  • Net Operating Income: $183,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $51,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 5053 Lincoln Ave

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5477001016
  • Year Built Source: Builder
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 1 Block off York
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 5053 Lincoln Ave

Last sold for $3,100,000 on May 30th, 2022

  • April, 2022

  • Apr 20, 2022

    Date

    Pending

    CRMLS: AR22054202

    $3,490,000

    Price

  • January, 2022

  • Jan 29, 2022

    Date

    Expired

    CRMLS: AR21243226

    --

    Price

  • Nov 5, 2021

    Date

    Active

    CRMLS: AR21243226

    --

    Price

  • Listing provided courtesy of CRMLS

    Retail/office space for lease in the heart of Highland Park off of York. Across the street from Magpies, Joy, Town Pizza, Donut Friend and more!

  • August, 2018

  • Aug 13, 2018

    Date

    Sold

    CRMLS: 18355476

    $890,000

    Price

  • Jun 22, 2018

    Date

    Price Change

    CRMLS: 18355476

    $895,000

    Price

  • Jun 15, 2018

    Date

    Active

    CRMLS: 18355476

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    A rare opportunity to acquire a small development opportunity in the highly desired submarket, Highland Park. The subject property is a 5,182 square foot parking lot zoned LAC4-1XL and currently is a vacant lot. The property is located between N Avenue 50 and N Avenue 51 and behind York Boulevard. Highland Park is experiencing gentrification and growth and is one of LA's hottest neighborhoods right now. Highland Park is home to many trendy restaurants, bar's, and retailers along Figueroa and York Blvd and household income is growing in the area. The property is within walking distance to Occidental College and many restaurants as well.

  • August, 2018

  • Aug 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

Show More

Tax History for 5053 Lincoln Ave

Assessed Value (2020): $907,800
Year Land Value Improved Value Assessed Value
2020 $897,600 $10,200 $907,800

Home Value Compared to the Market

This property vs the competition

5053 Lincoln Ave sold on May 30, 2022 for 193.28% higher 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 $762.18 per/sqft which puts the price per square foot 0.95% higher than the current median sale per square foot for the city of Los Angeles.

About 5053 Lincoln Ave

Detailed summary of property

5053 Lincoln Ave is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 12 bedrooms, -- bathrooms, roughly 4,579 living square feet, and sits on an approximately 5,182 square foot lot. 5053 Lincoln Ave was first listed on ArdentRealEstateGroup.com on March 18, 2022. The homeowner sold the property for $3,100,000. 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 193.28% higher than the current median priced home. Local homes that are currently for sale include 4253 Franklin Ave, 4312 Price St and 4310 Franklin Ave. While the average home in Los Angeles, CA is selling in 94 days, 5053 Lincoln Ave has a days on market of 32 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 5053 Lincoln Ave Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5053 Lincoln Ave

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
5,000
Lot Size
5,182
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5477-001-016

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,089,000
Median List Price/Sq.Ft.
$748
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$858
Total Inventory
94
Median Sale to List Price %
125.16%
Avg Days on Market
32
Loan Type
Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5053 Lincoln Ave

Nearby Homes for Sale

4516 Griffin Ave, Los Angeles, CA 90031
$2,750,000
10 Beds
10 Baths
6864 Sq.Ft.
4516 Griffin Ave
Los Angeles, CA 90031
3925 Barrett Rd, Los Angeles, CA 90032
$2,550,000
18 Beds
10 Baths
6816 Sq.Ft.
3925 Barrett Rd
Los Angeles, CA 90032
5243 Huntington Dr, Los Angeles, CA 90032
$2,500,000
18 Beds
5 Baths
4704 Sq.Ft.
5243 Huntington Dr
Los Angeles, CA 90032
5335 Huntington Dr, Los Angeles, CA 90032
$2,800,000
16 Beds
8 Baths
7492 Sq.Ft.
5335 Huntington Dr
Los Angeles, CA 90032
2140 Lemoyne St, Los Angeles, CA 90026
$3,200,000
3 Beds
2 Baths
-- Sq.Ft.
2140 Lemoyne St
Los Angeles, CA 90026
2342 Cove Ave, Los Angeles, CA 90039
$2,480,000
4 Beds
4 Baths
2169 Sq.Ft.
2342 Cove Ave
Los Angeles, CA 90039
1325 Douglas St, Los Angeles, CA 90026
$2,700,000
8 Beds
8 Baths
3456 Sq.Ft.
1325 Douglas St
Los Angeles, CA 90026
3623 Monon St, Los Angeles, CA 90027
$3,215,000
14 Beds
10 Baths
7016 Sq.Ft.
3623 Monon St
Los Angeles, CA 90027
907 Glendale Blvd, Los Angeles, CA 90026
$2,575,000
4 Beds
10 Baths
4312 Sq.Ft.
907 Glendale Blvd
Los Angeles, CA 90026
1548 Micheltorena St, Los Angeles, CA 90026
$3,195,000
4 Beds
6 Baths
3770 Sq.Ft.
1548 Micheltorena St
Los Angeles, CA 90026
1282 N Summit Ave, Pasadena, CA 91103
$2,800,000
8 Beds
10 Baths
5038 Sq.Ft.
1282 N Summit Ave
Pasadena, CA 91103
325 N Union Ave, Los Angeles, CA 90026
$2,890,000
12 Beds
13 Baths
5418 Sq.Ft.
325 N Union Ave
Los Angeles, CA 90026

Recently Sold Homes Near 5053 Lincoln Ave

4940 Lincoln Ave, Los Angeles, CA 90042
$2,000,000 Last Sold Price
4 Beds
3 Baths
2429 Sq.Ft.
4940 Lincoln Ave
Los Angeles, CA 90042
1319 N Avenue 50, Los Angeles, CA 90042
$1,290,000 Last Sold Price
3 Beds
3 Baths
1767 Sq.Ft.
1319 N Avenue 50
Los Angeles, CA 90042
5019 Meridian St, Los Angeles, CA 90042
$975,000 Last Sold Price
4 Beds
3 Baths
-- Sq.Ft.
5019 Meridian St
Los Angeles, CA 90042
5121 Baltimore St, Los Angeles, CA 90042
$855,000 Last Sold Price
4 Beds
3 Baths
1816 Sq.Ft.
5121 Baltimore St
Los Angeles, CA 90042

Related Resources to 5053 Lincoln Ave

New Listings in 90042
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote