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For sale
  • Listed by: Pat Owen Realty • Patrick Owen • Contact: pat@patowen.com
    Price cut: $163.9K (8/4)
    $525,000

    2312 Lincoln Park Ave, Los Angeles, CA 90031

    6beds
    3baths
    3,300sqft
    : 
    $3,491/mo
    Get pre-qualified
    Triplex
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $159/sqft
    $-- HOA

    What's special

    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 from 8/1/26 to 8/18/26. 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.
    84 days
    |
    1,964
    |
    61
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Owen DRE #01076539 pat@patowen.com,

    Pat Owen Realty

    Source: CRMLS,MLS#: RS26119870MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 3,300
      • Total interior livable area: 3,300 sqft

      Property

      Parking
      • Parking features: Driveway
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 0.33 Acres
      • Dimensions: 289 x 50
      Details
      • Parcel number: 5211014021
      • Zoning: LARD3
      • Special conditions: Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Unknown
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks, Urban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $159/sqft
      • Tax assessed value: $1,114,268
      • Date on market: 6/2/2026
      • Cumulative days on market: 84 days
      • Listing terms: Cash,Cash to New Loan
      • Total actual rent: 1744

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,105/mo

        Price history

        DateEventPrice
        8/4/2026Price change$525,000-23.8%$159/sqft
        Source: CRMLS #RS26119870 Report a problem
        6/2/2026Listed for sale$688,900-1.4%$209/sqft
        Source: CRMLS #RS26119870 Report a problem
        9/25/2025Listing removed$699,000-3.5%$212/sqft
        Source: SDMLS #RS25053903 Report a problem
        6/23/2025Listed for sale$724,000$219/sqft
        Source: SDMLS #RS25053903 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,114,268 +2%
        2025$13,488 +1.1%$1,092,420 +2%
        2024$13,338 +297%$1,071,000 +347.4%
        2023$3,360 +4.4%$239,379 +2%
        2022$3,217 +1.6%$234,686 +2%
        2021$3,166 -0.8%$230,085 +1%
        2020$3,191 $227,727 +2%
        2019$3,191 +7.1%$223,263 +2%
        2018$2,978 $218,887 +2%
        2017$2,978 +2.1%$214,596 +2%
        2016$2,916 +3.3%$210,389 +1.5%
        2015$2,825 +0.6%$207,229 +2%
        2014$2,809 $203,171 +2.5%
        2012-- $198,289 +2%
        2011-- $194,402 +0.8%
        2010-- $192,950 -0.2%
        2009-- $193,409 +2%
        2008-- $189,618 +2%
        2007-- $185,901 +2%
        2006-- $182,257
        2005-- $182,257 +33.6%
        2004-- $136,413 +1.9%
        2003-- $133,914 +2%
        2002-- $131,289 +4%
        2000-- $126,192
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Lincoln Heights

        Getting around

        70 / 100
        Very Walkable
        54 / 100
        Good Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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