2916 Lincoln Park Avenue

Los Angeles, CA 90031

$1,050,000
Last Sold Price
5
Beds
3
Baths
1,810 Sq. Ft.
$580 / Sq. Ft.
1,810
Sq. Ft.
$580
per Sq. Ft.

Description

Great 1031 Property. Gross income at $6,499/mo on this low maintenance property near USC medical center and downtown LA. Two houses on one HUGE lot. Front house heavily remodeled with permits- a two bedroom, one bath. Rented at $2,499/mo. Brand new back house built in 2020 with high ceilings and a fenced in large back yard rented at $3999/mo. This three bedroom, two bath home has a beautiful kitchen and great room. Ample parking a a big yard. Do not disturb TENANTS Shown UPON ACCEPTED OFFER ONLY.Great 1031 Property. Gross income at $6,499/mo on this low maintenance property near USC medical center and downtown LA. Two houses on one HUGE lot. Front house heavily remodeled with permits- a two bedroom, one bath. Rented at $2,499/mo. Brand new back house built in 2020 with high ceilings and a fenced in large back yard rented at $3999/mo. This three bedroom, two bath home has a beautiful kitchen and great room. Ample parking a a big yard. Do not disturb TENANTS Shown UPON ACCEPTED OFFER ONLY.
  1. Listed by Matt Manner • DRE #01449965 • Brokerage DRE #01449965 • Best and Final Real Estate

Property Details for 2916 Lincoln Park Avenue

Zoning
LAR1
Parcel Number
5208020027
Total Units
2.0
Living Area
1810
Source Living Area
Other
Area
Lincoln Heights (677)
Vacancy Rate
50%
Lot Size Area
7493

Location

Listing Courtesy of Best and Final Real Estate, Matt Manner, DRE #01449965

Sold By Figure 8 Realty, Nicholas Fichera, DRE #01932217; Figure 8 Realty, Nikola Kretschmann, DRE #02092653

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LISTING UPDATED: 08/21/2020 02:05 PM

Property Details for 2916 Lincoln Park Avenue

StatusSold
MLS #20-581578
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2020
Lot Size0.17 AC / 7,493 SF
CountyLos Angeles County

Location

Listing Courtesy of Best and Final Real Estate, Matt Manner, DRE #01449965

Sold By Figure 8 Realty, Nicholas Fichera, DRE #01932217; Figure 8 Realty, Nikola Kretschmann, DRE #02092653

Add your commute

Virtual Tour

Building Information for 2916 Lincoln Park Avenue

Stories1Residences-Year Built2020Building Size-Lot Size0.17 AC / 7,493 SF

Payment Calculator

$6,858 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$1,128

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2916 Lincoln Park Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: two on a lot
Contract Info
Contract Info
  • Disclosures: As Is, Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7493
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
Exterior Features
Exterior Features
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-21-2020
  • Rent Control: 50
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,499.00
  • Unit Actual Rent: $2,499.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,999.00
  • Unit Actual Rent: $3,999.00
  • Unit Projected Rent: $3,999.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $.00
  • Assessed Land Value: $.00

Property History for 2916 Lincoln Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2916 Lincoln Park Avenue

Taxable ValueLand$416,160Additions$676,260Total$1,092,420
Tax Record2023$13,534 ($1,128 / month)
Home Facts
Beds5Total Finished SqFt1,847 SqFtAbove Grade Finished SqFt1,847 SqFtLot Size7,493 SqFtStyleSingle Family ResidenceYear Built1908ZoningLAR1CountyLOS ANGELESAPN5208-020-027

Schools near 2916 Lincoln Park Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Glen Alta Elementary School
PublicK to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Best and Final Real Estate, Matt Manner, DRE #01449965

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.