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$899000   Price Analysis
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2520 Lincoln Park Ave
Los Angeles, CA 90031
12 bed None bath 2843 SqFt ($316/SqFt)
13543.0 acre lot. Built 1957
Listed 2024-03-22, Taxes $11780
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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 ensute bath and private entrance.

Laundry hookups in unit. House Two has 2 level porch which affords astounding 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 minutes away from Downtown, Dodger Stadium, USC Medical and L.A. State Historic Park. Property fully occupied with Tenants.


Presented by Rommy Shy at
Rommy Shy.


Property MLS #SR24056757 from CRMLS

Bedrooms: 12

Laundry Features: Gas & Electric Dryer Hookup

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 13543.0
Lot Size Source: Assessor
Lot Size Square Feet: 589933080

Number of Units: 2
Bedrooms in Unit-1: 6

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 5000.00
Area: 677 - Lincoln Hts
Source Neighborhood: 677 - Lincoln Hts
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 5208025002
Postal Code Plus 4: 2425
Trash Expense: 2100.00
Zoning: LAR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$260691 + $630706
$891397
$11780
2021$255580 + $618340
$873920
$14439
2020$252960 + $612000
$864960
$10971
2019$248000 + $600000
$848000
$10548
2018$144768 + $18935
$163703
$2390
2017$141930 + $18564
$160494
$2260
2016$139148 + $18200
$157348
$2178
2015$137058 + $17927
$154985
$2150
2014$134374 + $17576
$151950
$2172
2013$133767 + $17497
$151264
$2172
2012$131145 + $17154
$148299
$2197
2010$128574 + $16818
$145392
$2166
2009$127918 + $16733
$144651
$2094
2009$127614 + $16693
$144307
$2094
2008$125410 + $16405
$141815
$2019
2007$109334 + $16084
$125418
$1781

Listed 2024-03-22
$899000
CRMLS
Listed 2024-02-28
$899000
CRMLS
Sold 2018-09-21
$848000
PasadenaPFAR
Listed 2018-05-01
$860000
PasadenaPFAR
Listed 2018-05-01
$860000
PasadenaPFAR

Net Operating Income: 40000.00

Total Square Feet Living: 2843
Year Built: 1957
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 67
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Single Family Residence
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 2800.00
Water Source: Public

Gates Street Elementary School is a public elementary school located approximately 0.4 miles away.
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El Sereno Middle School is a public middle school located approximately 1.4 miles away.
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Abraham Lincoln Senior High School is a public high school located approximately 0.1 miles away.
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Sacred Heart High School is a private high school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.