2312 Lincoln Park

Property Overview

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- property will be delivered with tenants and squatter in place at the close of escrow. Neither the seller nor their agent will begin eviction proceedings.

Home Details

Property type: Residential Income - Triplex
Year built: 1910
Lot size: 14,529 sq ft
Stories: 2
Days on market: 86
MLS status: Active
Zoning: LARD3

Features & Amenities

Parking

Driveway

Pool

None

Community, Schools & Utilities

Utilities

Water: Public
Sewer: Unknown

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Location & Neighborhood

Los Angeles, CA 90031

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Frequently Asked Questions About 2312 Lincoln Park

Property type: Residential Income

The current asking price is $525,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2312 Lincoln Park. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1910. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 86 days. Status can change, so verify availability before relying on it.