117 N Avenue 25, Los Angeles, California 90031, Los Angeles, 90031 - 6 bed, 5 bath

117 N Avenue 25, Los Angeles, California 90031 home-pic-0
ACTIVE UNDER CONTRACT$998,000
117 N Avenue 25, Los Angeles, California 90031
6Beds
5Baths
2,476Sqft
5,554Lot
Year Built
1908
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$403
HOA
-
Days on market
-
Sold On
-
MLS number
WS25093567
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $998.0K(46th), sqft - 2476(50th), beds - 6(77th), baths - 5(85th).

Situated in the Lincoln Heights neighborhood - one of the city's oldest and most historically rich areas, this beautiful Multi-Family 4 Units offers One Story House with 3 bedrooms and 2 bathrooms in the Front and Two Story House with separate 3 units in the Back, each unit has 1 Living Room, 1 Kitchen, 1 bedroom and 1 bathroom. 4 Gas Meters, 5 Electric Panels, 4 Water Heaters. Single Story Front House features a private front yard, Spacious Living Room, Kitchen, 2 Bedrooms and 1 Bathroom in front, 1 Living Room, 1 Bedroom and 1 Bathroom in the back with separate backdoor entrance. Security Iron Gate with spacious driveway to the 2 Story Back House with big concrete backyard, ample parking spaces. Back House features One storage room and One Unit with 1 Bedroom and 1 bathroom downstairs, Upstairs has 2 units and each with 1 bedroom 1 bathroom. Title shows 5 bedrooms and 5 bathrooms total. Property close to downtown Los Angeles, China Town, Supermarket, Public Transit including the Metro A Line, Schools and Lincoln Park. Great opportunity for owner occupy property or investment property to do Airbnb. This Prime Property is a Must-See for Savvy Investors.

Nearby schools

3/10
Albion Street Elementary School
Public,K-60.5mi
4/10
Griffin Avenue Elementary School
Public,K-50.7mi
2/10
Hillside Elementary School
Public,K-50.7mi
4/10
Gates Street Elementary School
Public,K-50.7mi
4/10
Loreto Street Elementary School
Public,K-50.7mi
3/10
Ann Street Elementary School
Public,K-61.1mi
6/10
Multnomah Street Elementary School
Public,K-51.5mi
4/10
Huntington Drive Elementary School
Public,K-61.5mi
4/10
Bridge Street Elementary School
Public,K-51.7mi
2/10
Murchison Street Elementary School
Public,K-61.7mi
5/10
Florence Nightingale Middle School
Public,6-80.7mi
5/10
Glen Alta Elementary School
Public,K-81.1mi
5/10
El Sereno Middle School
Public,6-82.2mi
6/10
Hollenbeck Middle School
Public,6-82.8mi
5/10
Abraham Lincoln Senior High School
Public,9-120.8mi
4/10
Woodrow Wilson Senior High School
Public,9-121.8mi
3/10
Theodore Roosevelt Senior High
Public,9-122.6mi
5/10
STEM Academy of Boyle Heights HS
Public,9-122.8mi

Price History

Date
Event
Price
09/16/25
Sold
$1,075,000
11/26/02
Sold
$250,000
11/02/98
Sold
$175,000
10/28/97
Sold
$85,000
Condition Rating
Fair

Built in 1908, this multi-unit property is over a century old. While functional, the images reveal significantly outdated kitchens with basic wood cabinets, older white appliances, and dated tile flooring. Bathrooms feature old vanities, basic tiling, and dated shower enclosures. Throughout the units, there's a mix of worn carpet and older tile, along with basic, outdated light fixtures and wall-mounted heating units. The property appears to have been maintained with regular upkeep but lacks any recent extensive renovations, requiring substantial cosmetic and system updates to meet current quality standards and appeal.
Pros & Cons

Pros

Strong Income Potential: The property is a 4-unit multi-family residence (quadruplex), offering significant rental income potential for investors or an owner-occupant seeking to offset mortgage costs.
Strategic Urban Location: Situated in the historically rich Lincoln Heights neighborhood, the property boasts proximity to Downtown LA, Chinatown, supermarkets, public transit (Metro A Line), schools, and Lincoln Park, ensuring high tenant demand and convenience.
Independent Utility Metering: Each unit benefits from separate gas meters, electric panels, and water heaters, which simplifies tenant billing, reduces landlord utility expenses, and enhances operational efficiency.
Ample Parking & Private Outdoor Space: The property features a spacious driveway with ample parking and a private front yard for the main house, valuable amenities in a dense urban environment like Los Angeles.
Versatile Investment Opportunity: Explicitly marketed for both owner-occupancy with income potential and as a pure investment property, including Airbnb potential, broadening its appeal to various buyer profiles.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-16. The sold price is $1,075,000.00.
Age of Property & Potential for Deferred Maintenance: Built in 1908, the property is over a century old, suggesting potential for significant deferred maintenance, outdated infrastructure (plumbing, electrical), and higher repair or renovation costs.
Bedroom Count Discrepancy: The detailed unit breakdown (totaling 6 bedrooms) conflicts with the statement 'Title shows 5 bedrooms and 5 bathrooms total,' which could lead to appraisal issues, legal complications, or challenges in maximizing rental income based on actual unit configurations.
Limited Green Space in Backyard: While offering ample parking, the 'big concrete backyard' lacks green space or aesthetic landscaping, which might be a drawback for some tenants or owner-occupants seeking outdoor recreation or gardening opportunities.

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