2132 Lincoln Park Avenue, Lincoln Heights, California 90031, Lincoln Heights, 90031 - bed, bath
ACTIVE$1,570,000
2132 Lincoln Park Avenue, Lincoln Heights, California 90031
0Bed
0Bath
3,706Sqft
13,974Lot
Year Built
1923
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$424
HOA
-
Days on market
-
Sold On
-
MLS number
WS25144262
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.57M(92th), sqft - 3706(92th), beds - undefined(50th), baths - undefined(50th).
GREAT INVESTMENT OPPORTUNITY!!! There are 4 units on a large lot. One duplex shares a common wall, (2 beds & 1 bath; 1bed & 1 bath). Two separate units, 2 beds & 1 bath; 1 bed & 1 bath. Conveniently close to restaurants, shops, schools, and transportation. Easy access to major freeways and just minutes to Downtown Los Angeles, Pasadena, Alhambra and Dodger Stadium. County record indicates 3 units. Property has 4 addresses and 4 separate utilities. Please see attached supplements. All information deemed reliable but not guaranteed. Do not disturb tenants. Drive by only.
Nearby schools
4/10
Gates Street Elementary School
Public,•K-5•0.3mi
6/10
Multnomah Street Elementary School
Public,•K-5•0.5mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.6mi
2/10
Murchison Street Elementary School
Public,•K-6•0.8mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.1mi
3/10
Albion Street Elementary School
Public,•K-6•1.1mi
2/10
Hillside Elementary School
Public,•K-5•1.2mi
4/10
Loreto Street Elementary School
Public,•K-5•1.4mi
4/10
Bridge Street Elementary School
Public,•K-5•1.5mi
3/10
Ann Street Elementary School
Public,•K-6•1.7mi
5/10
Glen Alta Elementary School
Public,•K-8•1.0mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.5mi
5/10
El Sereno Middle School
Public,•6-8•1.5mi
6/10
Hollenbeck Middle School
Public,•6-8•2.4mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.3mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•0.9mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.2mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.4mi
Price History
Date
Event
Price
06/27/25
Listing
$1,570,000
01/31/14
Sold
$560,000
03/21/03
Sold
$60,500
11/01/00
Sold
$275,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old. The listing explicitly states 'Do not disturb tenants. Drive by only,' meaning no interior photos are available, which is a significant red flag. Without interior access, it's highly probable that the kitchens, bathrooms, and major systems (plumbing, electrical, HVAC) are severely outdated and require substantial repairs and rehabilitation. The exterior, while not dilapidated, shows considerable age and wear, particularly the detached garage. The property's age and lack of interior transparency strongly suggest it falls into the 'poor' condition category, requiring significant capital investment to modernize and address deferred maintenance.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed as a 'GREAT INVESTMENT OPPORTUNITY!!!' with multiple units, appealing to investors seeking rental income.
Multi-Unit Property (4 Units): The property features 4 distinct units (a duplex and two separate units), providing diversified income streams and higher rental potential, despite county records indicating 3 units.
Separate Utilities and Addresses: Each of the 4 units has its own address and separate utilities, simplifying tenant management and individual billing, which is highly desirable for income properties.
Large Lot Size: With a substantial lot size of 13,974 sqft, there may be potential for future expansion, additional units (subject to zoning), or enhanced outdoor amenities.
Excellent Location & Accessibility: Conveniently located near restaurants, shops, schools, and transportation, with easy access to major freeways and minutes away from Downtown Los Angeles, Pasadena, Alhambra, and Dodger Stadium.
Cons
Unit Count Discrepancy: A significant concern is the discrepancy between the advertised 4 units and county records indicating only 3 units, which could lead to permitting issues, financing challenges, or legal complications.
Limited Access for Due Diligence: The instruction 'Do not disturb tenants. Drive by only' severely restricts a buyer's ability to conduct thorough interior inspections and assess the condition of the units, tenant quality, or deferred maintenance.
Age of Property: Built in 1923, the property is over 100 years old, suggesting a high likelihood of requiring significant capital expenditures for updating major systems (plumbing, electrical, HVAC) and addressing potential deferred maintenance.