2312 Lincoln Park, Los Angeles, CA, 90031

USD 688,900
For Sale

Property Details

Bedrooms

6

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 3 • Square Feet: 3300 • Lot/Size: 14,529 sqft lot

Description: 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

Location

Address

2312 Lincoln Park, Los Angeles, CA, 90031

City

Los Angeles

Features and Finishes

Year Built: 1910; [object Object]; [object Object]; [object Object]

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