TWO VACANT UNITS!, 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 offers three separate units, each individually metered for water, electricity, and gas, along with private outdoor patio space. The property currently offers two vacant units: a 2-bedroom, 1-bath middle unit and a 3-bedroom, 1-bath top unit, creating flexibility for owner-users or investors seeking market rents. The additional 3-bedroom, 2-bath unit is tenant occupied.
An excellent opportunity for both cash flow and long-term appreciation with a projected 8%+ pro forma cap rate. Buyer to verify all financial information and potential income.
For sale
Listed by: Circle Real Estate • Lorenzo Armendariz • Contact: lorenzo.el.realtor@gmail.com
Price cut: $30K (7/17)
$945,000
2500 Lincoln Park Ave, Los Angeles, CA 90031
8beds
4baths
2,431sqft
:
Get pre-qualified$6,223/mo
Triplex
Built in 1903
-- sqft lot
$918,400 Zestimate®
$389/sqft
$-- HOA
What's special
- 158 days |
- 296 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Lorenzo Armendariz DRE #02101611 lorenzo.el.realtor@gmail.com,
Circle Real Estate
Source: CRMLS,MLS#: PW26035852
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,431
- Total interior livable area: 2,431 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Entry location: front door
- Pool features: None
- Spa features: None
Lot
- Size: 0.32 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 5208025006
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $389/sqft
- Tax assessed value: $911,516
- Annual tax amount: $11,530
- Date on market: 2/21/2026
- Cumulative days on market: 158 days
- Listing terms: Cash,Cash to New Loan,1031 Exchange,FHA
- Inclusions: Stove and heater supplied by owner 3621 altura: washer/dryer, refrigerator, stove
- Total actual rent: 5300
- Tenant pays: Electricity, Gas, Water
Estimated market value
$918,400
$872,000 - $964,000
$2,679/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Price change | $945,000-3.1%$389/sqft |
Source:  CRMLS #PW26035852 Report a problem | ||
| 6/16/2026 | Price change | $975,000-2.4%$401/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 5/21/2026 | Price change | $999,000-2.9%$411/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 4/10/2026 | Price change | $1,029,000+1.4%$423/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 4/4/2026 | Listed for sale | $1,015,000$418/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 3/24/2026 | Listing removed | $1,015,000$418/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 3/6/2026 | Listing removed | $1,015,000$418/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 2/21/2026 | Listed for sale | $1,015,000+31.8%$418/sqft |
Source: CRMLS #PW26035852 Report a problem | ||
| 7/7/2015 | Sold | $770,000-6.7%$317/sqft |
Source:  CLAW #15826949 Report a problem | ||
| 4/29/2015 | Listed for sale | $825,000$339/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #15-826949 Report a problem | ||
| 3/31/2015 | Pending sale | $825,000$339/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #15-826949 Report a problem | ||
| 2/5/2015 | Listed for sale | $825,000+129.2%$339/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #15-826949 Report a problem | ||
| 11/5/2014 | Listing removed | $1,850$1/sqft |
Source: WelcomeYouHome Report a problem | ||
| 10/30/2014 | Price change | $1,850-2.4%$1/sqft |
Source: WelcomeYouHome Report a problem | ||
| 10/22/2014 | Price change | $1,895-5%$1/sqft |
Source: WelcomeYouHome Report a problem | ||
| 10/16/2014 | Listed for rent | $1,995$1/sqft |
Source: WelcomeYouHome Report a problem | ||
| 2/28/2014 | Sold | $360,000-8.3%$148/sqft |
Source: CLAW #13683257 Report a problem | ||
| 12/13/2013 | Pending sale | $392,500$161/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 11/21/2013 | Price change | $392,500-9.7%$161/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 11/13/2013 | Price change | $434,900-3.3%$179/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 11/7/2013 | Pending sale | $449,900$185/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 9/6/2013 | Price change | $449,900-10%$185/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 7/19/2013 | Price change | $499,900-7.4%$206/sqft |
Source: Coldwell Banker Residential Brokerage - Sunset Strip #13-683257 Report a problem | ||
| 6/25/2013 | Listed for sale | $539,900+5.9%$222/sqft |
Source: Coldwell Banker #13683257 Report a problem | ||
| 7/13/2012 | Sold | $510,000+2%$210/sqft |
Source: Public Record Report a problem | ||
| 2/16/2007 | Sold | $500,000$206/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,530 +1.1% | $911,516 +2% |
| 2024 | $11,403 +1.9% | $893,644 +2% |
| 2023 | $11,190 +4.7% | $876,122 +2% |
| 2022 | $10,686 +1.3% | $858,944 +2% |
| 2021 | $10,553 -0.2% | $842,103 +1% |
| 2020 | $10,571 | $833,470 +2% |
| 2019 | $10,571 +5.6% | $817,129 +2% |
| 2018 | $10,008 | $801,108 +2% |
| 2017 | $10,008 +2.2% | $785,400 +2% |
| 2016 | $9,793 +2.4% | $770,000 +109.7% |
| 2015 | $9,564 +81.4% | $367,192 -6.3% |
| 2014 | $5,271 | $391,769 -25.1% |
| 2011 | -- | $522,872 +0.8% |
| 2010 | -- | $518,966 -0.2% |
| 2009 | -- | $520,200 +1374.8% |
| 2007 | -- | $35,273 +6.1% |
| 2004 | -- | $33,241 +1.9% |
| 2003 | -- | $32,632 +2% |
| 2002 | -- | $31,993 +4% |
| 2000 | -- | $30,753 |
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
Nearby schools
GreatSchools rating
- 7/10Gates Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10El Sereno Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 0.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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