Courtesy of: Lorenzo Armendariz, Circle Real Estate, lorenzo.el.realtor@gmail.com
Courtesy of: Lorenzo Armendariz, Circle Real Estate, lorenzo.el.realtor@gmail.com
$1,015,000
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8 bed
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4.00 Bath (4 Full)
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Lot: 13,859.00 Square Feet
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Triplex
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$1,015,000
2500 Lincoln Park Ave Strong investment opportunity in Los Angeles’ historic Lincoln Heights with upside and immediate cash-flow potential. The property is located in a vibrant, high-demand area with convenient access to the city center, transit, and major freeways, and is centrally positioned near Downtown, Highland Park, Pasadena, and Dodger Stadium. This well-maintained triplex features three separate units, each individually metered for water, electricity, and gas, and each with its own outdoor patio space. The 2-bed/1-bath unit is currently vacant, while the property also includes a 3-bed/1-bath unit and a 3-bed/2-bath unit currently generating a combined $5, 300/month. ~8%+ pro forma cap rate.
Courtesy of: Lorenzo Armendariz, Circle Real Estate, lorenzo.el.realtor@gmail.com
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