2312 Lincoln Park Avenue, Los Angeles, California 90031, Los Angeles, 90031 - 5 bed, 3 bath
ACTIVE$699,000
2312 Lincoln Park Avenue, Los Angeles, California 90031
5Beds
3Baths
2,620Sqft
14,375Lot
Year Built
1910
Close
-
List price
$699K
Original List price
$849K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
RS25053903
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $699.0K(11th), sqft - 2620(92th), beds - 5(92th), baths - 3(66th).
HUGE POTENTIAL awaits the lucky buyer of this vintage house on an enormous lot. Plenty of room to build an ADU (or a second house- check out the zoning) on the top of this hillside lot that will capture an amazing view! This classic old craftsman style house is full of its original charm. This property most definitely needs elbow grease and sweat equity, but it is fully occupied by tenants, so it is livable in its present condition. Very long driveway can accommodate at least 7 cars. The house will be sold with tenants in place. Check with the City of LA to see about making multiple units out of this house- it is zoned LARD3. Bring your imagination, paint brush and turn this into your dream house or cash cow! Property will be delivered with existing tenants.
Nearby schools
4/10
Gates Street Elementary School
Public,•K-5•0.2mi
6/10
Multnomah Street Elementary School
Public,•K-5•0.6mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.6mi
4/10
Huntington Drive Elementary School
Public,•K-6•0.9mi
2/10
Murchison Street Elementary School
Public,•K-6•1.0mi
2/10
Hillside Elementary School
Public,•K-5•1.1mi
3/10
Albion Street Elementary School
Public,•K-6•1.1mi
4/10
Loreto Street Elementary School
Public,•K-5•1.3mi
4/10
Bridge Street Elementary School
Public,•K-5•1.6mi
3/10
Ann Street Elementary School
Public,•K-6•1.7mi
5/10
Glen Alta Elementary School
Public,•K-8•0.8mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.4mi
5/10
El Sereno Middle School
Public,•6-8•1.4mi
6/10
Hollenbeck Middle School
Public,•6-8•2.6mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.1mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•0.9mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.4mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.5mi
Price History
Date
Event
Price
09/04/25
Price Change
$699,000
03/11/25
Listing
$849,000
Condition Rating
Poor
Built in 1910, this property is explicitly described as needing 'elbow grease and sweat equity' and is a 'vintage house' with 'original charm.' While livable, the images confirm significant deferred maintenance and outdated features. The kitchen is very old with worn flooring, dated cabinets, and basic appliances. The main bathroom features extremely dated yellow tiles, an old sink, and peeling paint, indicating a need for complete renovation. Other areas show unfinished spaces (plywood floor in enclosed porch) and general wear. The property requires substantial repairs and rehabilitation to meet modern standards, aligning with the 'Poor' condition.
Pros & Cons
Pros
Development Potential (Zoning LARD3): The enormous 14,375 sqft hillside lot is zoned LARD3, offering significant potential to build an ADU, a second house, or multiple units, maximizing investment return.
Large Lot Size: An 'enormous lot' of 14,375 sqft provides ample space for expansion, landscaping, and additional structures, a rare asset in Los Angeles.
Income-Generating Property: The property is currently fully occupied by tenants, providing immediate rental income and making it a 'cash cow' for investors from day one.
Potential for Amazing Views: Positioned on a hillside, the property offers the potential to capture 'an amazing view' with strategic development or renovation.
Classic Craftsman Charm: This vintage 1910 house retains its 'original charm' and 'classic old craftsman style,' appealing to buyers who appreciate historical character.
Cons
Extensive Renovation Required: The property 'most definitely needs elbow grease and sweat equity,' indicating significant renovation and financial investment will be required to modernize and enhance its value.
Tenants in Place: Being sold 'with tenants in place' can complicate immediate owner-occupancy or extensive renovation plans, requiring careful navigation of tenant rights and potential relocation processes.
Age-Related System Concerns: Built in 1910, the property's age suggests that major systems (plumbing, electrical, HVAC) may be outdated and require substantial upgrades to meet modern standards and efficiency.