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117 N Avenue 25, Los Angeles, California 90031, Los Angeles, 90031 - bed, 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
0Bed
0Bath
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
WS25093719
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

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

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-6•0.5mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.7mi
2/10
Hillside Elementary School
Public,•K-5•0.7mi
4/10
Gates Street Elementary School
Public,•K-5•0.7mi
4/10
Loreto Street Elementary School
Public,•K-5•0.7mi
3/10
Ann Street Elementary School
Public,•K-6•1.1mi
6/10
Multnomah Street Elementary School
Public,•K-5•1.5mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.5mi
4/10
Bridge Street Elementary School
Public,•K-5•1.7mi
2/10
Murchison Street Elementary School
Public,•K-6•1.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•0.7mi
5/10
Glen Alta Elementary School
Public,•K-8•1.1mi
5/10
El Sereno Middle School
Public,•6-8•2.2mi
6/10
Hollenbeck Middle School
Public,•6-8•2.8mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.8mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.8mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.6mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.8mi

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 well-maintained but shows significant signs of age and outdatedness. The kitchens feature older light wood cabinets, basic white appliances, and dated patterned tile flooring. Bathrooms have older vanities, basic fixtures, and dated tile work, including older shower enclosures. Flooring throughout includes worn carpet and reddish-brown tile. While functional, the property lacks modern amenities like central HVAC and contemporary finishes, indicating it was likely renovated 15-30 years ago but now requires minor to moderate updates to meet current market expectations.
Pros & Cons

Pros

High Income Potential: A 4-unit multi-family property (quadruplex) offers substantial rental income, ideal for investors or owner-occupiers seeking supplementary income.
Individual Utility Metering: Separate gas meters, electric panels, and water heaters for each unit simplify tenant billing and reduce landlord overhead, enhancing investment appeal.
Strategic Urban Location: Located in the historic Lincoln Heights, providing excellent access to Downtown LA, Chinatown, public transit (Metro A Line), and local amenities, ensuring strong rental demand.
Flexible Investment Strategy: The property supports diverse investment approaches, including owner-occupancy with rental income or full investment, with potential for short-term rentals (Airbnb).
Generous Parking & Outdoor Space: Features a spacious driveway with ample parking and private outdoor areas (front yard, concrete backyard), a significant advantage in a dense urban environment.

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.
Advanced Age of Structure: Built in 1908, the property is over a century old, potentially requiring significant capital expenditure for system upgrades, structural repairs, or modernization to meet current standards.
Bedroom/Bathroom Count Discrepancy: A notable inconsistency exists between the detailed unit breakdown (6 beds, 5 baths) and the title record (5 beds, 5 baths), which could complicate appraisal, financing, or legal compliance.
Limited View Appeal: Despite having a 'Neighborhood' view, the absence of premium views (e.g., city skyline, mountains, water) may limit its top-tier market value compared to properties with more desirable vistas.

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