Who wants an easy conversion from a duplex to a tri-plex? Two updated, vacant & large units with pro-forma rents of $4,900 plus a bonus 416 sqft detached recreation room with a 1/2 bath that can be used as a private office, storage or can be converted into an ADU for extra income. Lincoln Heights is close to the action of downtown, Dodger stadium, San Antonio winery, Keck Medical, El Sereno and Frogtown. All new interior and exterior paint, new electrical panels and wiring throughout, new wood laminate flooring throughout, new kitchen cabinets and counters and new ceiling fans in each bedroom. The west facing front unit measures 1,119 sqft and boasts two bedrooms and 1 1/2 bathrooms, a spacious open living room and kitchen large enough to have breakfast area. Both bedrooms feature plenty of built-in storage and large closets. The east facing back unit measures 770 sqft and features 2 bedrooms and 1 bathroom, a large living room and a large kitchen. Separately metered utilities and dual water heaters. The property also features secure on-site parking for 4 cars with alley access and several mature trees and shrubs that provide privacy and security. This is an ideal property to own one unit and rent out the other or rent out both units with a pro-forma monthly rent of $4,900 plus conform the existing rec-room with bathroom into an ADU that can be rented out for additional rent.
Sold for $625,000
Street View
$625,000
2920 Pasadena Ave, Los Angeles, CA 90031
4beds
2,306sqft
Duplex
Built in 1961
6,098 Square Feet Lot
$1,048,700 Zestimate®
$271/sqft
$2,477 Estimated rent
Home value
$1,048,700
$944,000 - $1.16M
$2,477/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Appliances
- Laundry: Gas Dryer Hookup, Outside, Washer Hookup
Features
- Storage, Ceiling Fan(s), Stone Counters
- Windows: Screens
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,306 sqft
Property
Features
- Patio & porch: Patio Open, Concrete, Covered, Slab
- Fencing: Wood, Chain Link, Fair Condition
Lot
- Size: 6,098 Square Feet
Details
- Additional structures: Guest House Detached
- Parcel number: 5206003023
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer, Sewer Paid
- Water: Public
- Utilities for property: Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Phone Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $1,590,173
- Annual tax amount: $19,399
- Road surface type: Paved, Alley Paved, Maintained
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2024 | Sold | $625,000+4.3%$271/sqft |
Source: Public Record Report a problem | ||
| 12/8/2023 | Contingent | $599,000$260/sqft |
Source: | ||
| 11/24/2023 | Listed for sale | $599,000$260/sqft |
Source: | ||
| 11/20/2023 | Contingent | $599,000$260/sqft |
Source: | ||
| 11/10/2023 | Price change | $599,000-63.1%$260/sqft |
Source: | ||
| 11/1/2023 | Price change | $1,625,000+154.3%$705/sqft |
Source: | ||
| 10/14/2023 | Listed for sale | $639,000-29.7%$277/sqft |
Source: | ||
| 9/19/2022 | Sold | $908,500-9%$394/sqft |
Source: | ||
| 8/5/2022 | Pending sale | $998,000$433/sqft |
Source: | ||
| 5/27/2022 | Listed for sale | $998,000$433/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,399 +68.6% | $1,590,173 +71.6% |
| 2024 | $11,504 +2% | $926,670 +2% |
| 2023 | $11,283 +736.4% | $908,500 +995.4% |
| 2022 | $1,349 +2.2% | $82,941 +2% |
| 2021 | $1,320 -0.3% | $81,316 +1% |
| 2020 | $1,324 | $80,483 +2% |
| 2019 | $1,324 +11.3% | $78,906 +2% |
| 2018 | $1,190 | $77,360 +2% |
| 2017 | $1,190 +2% | $75,844 +2% |
| 2016 | $1,166 +4.8% | $74,358 +1.5% |
| 2015 | $1,113 -0.3% | $73,242 +2% |
| 2014 | $1,116 | $71,808 +2.5% |
| 2012 | -- | $70,084 +2% |
| 2011 | -- | $68,710 +0.8% |
| 2010 | -- | $68,198 -0.2% |
| 2009 | -- | $68,361 +2% |
| 2008 | -- | $67,021 +2% |
| 2007 | -- | $65,708 +2% |
| 2006 | -- | $64,421 |
| 2005 | -- | $64,421 +16.1% |
| 2004 | -- | $55,492 +1.9% |
| 2003 | -- | $54,476 +2% |
| 2002 | -- | $53,408 +4% |
| 2000 | -- | $51,337 |
Find assessor info on the county website
Neighborhood: Lincoln Heights
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Nearby schools
GreatSchools rating
- 7/10Hillside Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Florence Nightingale Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,048,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,048,700
- California
- Los Angeles County
- Los Angeles
- 90031
- Lincoln Heights
- 2920 Pasadena Ave