Unlock the potential of this exceptional Lincoln Heights fixer situated on a desirable corner lot! This spacious 5-bedroom, 2 1/4-bath home is ready for a complete transformation and offers an outstanding opportunity for investors, developers, or buyers looking to create their dream home. The property features a detached garage, generous living space, and an attractive corner location that provides added accessibility and curb appeal. Zoned LARD3, this property offers exciting development potential for those looking to maximize its value (buyers are advised to verify all development possibilities with the City of Los Angeles). Conveniently located near Downtown Los Angeles, major freeways, parks, shopping, dining, and public transportation, this property combines location, size, and future potential. Whether you're planning a renovation, redevelopment, or long-term investment, this is a rare chance to capitalize on a property with endless possibilities. Bring your vision and imagination—opportunities like this don't come along often! Home is part of the Lincoln Heights Historic Preservation Overlay Zone (HPOZ).
For sale
Listed by: Redfin Corporation • Sylva Khayalian • 310-409-2885
$950,000
2255 Hancock St, Los Angeles, CA 90031
5beds
2,235sqft
Single Family Residence
Built in 1908
6,602 Square Feet Lot
$945,100 Zestimate®
$425/sqft
$-- HOA
What's special
- 31 days
- 800
- 33
Zillow last checked:
Listing updated:
Listed by:
Sylva Khayalian DRE #01323217 310-409-2885,
Redfin Corporation
Source: CRMLS,MLS#: PF26163405
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Attic, Bedroom, Basement, Foyer, Kitchen, Laundry, Living Room
Bedroom
- Features: Multi-Level Bedroom
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathtub, Low Flow Plumbing Fixtures, Separate Shower, Tub Shower
Kitchen
- Features: Tile Counters
Heating
- Central, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Water Heater, Range Hood, Water To Refrigerator, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Tile Counters, Unfurnished, Attic, Bedroom on Main Level, Entrance Foyer
- Flooring: Carpet, Vinyl, Wood
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,235 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Fair Condition
Lot
- Size: 6,602 Square Feet
- Features: Landscaped
Details
- Parcel number: 5210020001
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $425/sqft
- Tax assessed value: $131,749
- Date on market: 7/28/2026
- Cumulative days on market: 31 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Inclusions: Refrigerators, Stoves, Air Conditioners, Garage Door Remote
Estimated market value
$945,100
$898,000 - $992,000
$5,256/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Listed for sale | $950,000$425/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $131,749 +2% |
| 2025 | $1,915 +0.5% | $129,167 +2% |
| 2024 | $1,906 +1.6% | $126,635 +2% |
| 2023 | $1,875 +4.2% | $124,153 +2% |
| 2022 | $1,801 +1.9% | $121,719 +2% |
| 2021 | $1,767 -0.5% | $119,333 +1% |
| 2020 | $1,776 | $118,110 +2% |
| 2019 | $1,776 +13.3% | $115,795 +2% |
| 2018 | $1,567 | $113,525 +2% |
| 2017 | $1,567 +2.2% | $111,300 +2% |
| 2016 | $1,534 +4.1% | $109,119 +1.5% |
| 2015 | $1,473 +0.5% | $107,481 +2% |
| 2014 | $1,466 | $105,376 +2.5% |
| 2012 | -- | $102,845 +2% |
| 2011 | -- | $100,829 +0.8% |
| 2010 | -- | $100,076 -0.2% |
| 2009 | -- | $100,315 +2% |
| 2008 | -- | $98,349 +2% |
| 2007 | -- | $96,421 +2% |
| 2006 | -- | $94,531 |
| 2005 | -- | $94,531 +4% |
| 2004 | -- | $90,861 +1.9% |
| 2003 | -- | $89,197 +2% |
| 2002 | -- | $87,449 +4% |
| 2000 | -- | $84,056 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lincoln Heights
Local buyer's agents are ready to help





