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2922 Lincoln Park Avenue

Los Angeles (City), CA 90031
  • $1,100,000
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • ID#: 22136969
Under Contract
UPDATED: 16 min ago
$1,100,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)


Description

We are pleased to present a five (5) unit apartment building located at 2922 Lincoln Park Avenue in Los Angeles, California. The subject property is positioned in a solid Lincoln Heights location, north of North Broadway and east of Griffin Avenue. Built in 1904, this property contains a great unit mix of one (1) one bedroom / one bathroom units, three (3) two bedroom / one bathroom units, and one (1) three bedroom / one bathroom unit. The lot is large at 7,493 square feet with plenty of on-site parking available in the back. Tenants will enjoy being within short driving distance to great restaurant and retail amenities on North Broadway. Some of these include Esmeralda Zumba Studio, Kailey's Cafe, Champion Donuts, HM157 Art Center, The Heights Deli & Bottle Shop, Otis Fashion Boutique, and Replika Vintage. Outdoor recreation at Lincoln Park & Plaza de la Raza is also available less than a mile south from the subject property. Situated in a solid Lincoln Heights location, this offering presents an excellent opportunity for an any investor to capitalize on over 90% rental upside potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T12:33:34.49. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/126762458
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2922 Lincoln Park Avenue Los Angeles (City), CA 90031

  • Price: $1,100,000
  • Status: Active Under Contract
  • On Site: 107 Days
  • Updated: 16 min ago
  • ID#: 22136969
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1904
Built
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
We are pleased to present a five (5) unit apartment building located at 2922 Lincoln Park Avenue in Los Angeles, California. The subject property is positioned in a solid Lincoln Heights location, north of North Broadway and east of Griffin Avenue. Built in 1904, this property contains a great unit mix of one (1) one bedroom / one bathroom units, three (3) two bedroom / one bathroom units, and one (1) three bedroom / one bathroom unit. The lot is large at 7,493 square feet with plenty of on-site parking available in the back. Tenants will enjoy being within short driving distance to great restaurant and retail amenities on North Broadway. Some of these include Esmeralda Zumba Studio, Kailey's Cafe, Champion Donuts, HM157 Art Center, The Heights Deli & Bottle Shop, Otis Fashion Boutique, and Replika Vintage. Outdoor recreation at Lincoln Park & Plaza de la Raza is also available less than a mile south from the subject property. Situated in a solid Lincoln Heights location, this offering presents an excellent opportunity for an any investor to capitalize on over 90% rental upside potential.
Exterior Features

Parking Features ConcreteDrivewayOne SpaceUncovered Parking Total 7 Pool Features None Pool Private YN No Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Gross Income 60942 Land Lease YN No Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 33022 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-02T12:33:34.49. 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 deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Zen Ziejewski and Team | Keller Williams Realty
27101 Puerta Real #150
Mission Viejo CA, 92691
Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)