2312 Lincoln Park, Los Angeles, CA 90031
Local realty services provided by:CENTURY 21 Masters
2312 Lincoln Park,Los Angeles, CA 90031
$525,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: patrick owen
Office: pat owen realty
MLS#:RS26119870
Source:MLSListings
Price summary
- Price:$525,000
About this home
Please NOTE- The list price is the starting bid auction price, NOT the selling price. Property will be available for bidding on an online auction- bids will be opened daily. There will be a Seller Reserve, so this is not an Absolute Auction. There will be a Buyer Premium charge to the successful bidder. Call your Realtor about terms and conditions. Investor GOLD MINE! Not only do you get three 2/1 units, but the lot is zoned R3 and most properties on this side of the block are 8+ units! The lot is flat in front, but sloped in the rear, so you have building potential on the hill to capture amazing city lights views, including Chavez Ravine and Catalina! If it were renovated and rented at market value then this property is easily worth 1.3M, but add more units or a dream house on the hill and you could be looking at millions of dollars in property value! There is a down-side... Two of the three units are occupied and pay way under market rent. The third unit is occupied by a relative of the former tenant and has not paid rent since the tenant moved out, so he is considered a squatter. A 3-day Notice was served already. Both paying tenants are open to discuss relocation assistance. The upside is incredible, so hurry and make your offer subject to interior inspection TODAY!!! NOTE- p...
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Home facts
- Year built:1910
- Listing ID #:RS26119870
- Added:146 day(s) ago
- Updated:October 29, 2026 at 04:37 PM
Structure and exterior
- Year built:1910
- Lot area:0.33 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$525,000
Parking
- Parking description:Other
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