Nine-Unit Apartment
For Sale
$1,425,000
2931 Lincoln Park Ave, Los Angeles, CA 90031
Corner-lot multifamily property with upgraded interiors, on-site laundry, parking, and separately metered utilities.
Property SizeContact for details
Lot Size0.34 Acres
Days on Market12
Property Features for 2931 Lincoln Park Ave
General Information
Standard status
Active
Lot size
0.34 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
4 x 1BR, 5 x 2BR
Multifamily Units
9
Additional Details
Cap Rate
6.09%
Amenities
on-site laundry
full uncovered parking
separately metered gas and electricity
Great Lincoln Heights Location - Gateway to Northeast LA
Solid Rental Upside Potential (+50%)
On-Site Laundry Facility
Separately Metered for Gas and Electricity
Full On-Site Uncovered Parking Available
Select Units are Upgraded Throughout
Large 14,781 SF Corner Lot - Potential to Build Multiple ADUs
Good Unit Mix - Four (4) One-Bedroom and Five (5) Two-Bedroom Units
Building Details
Buildings
1
Units
9
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2735
Listed By:
Jason Tuvia · License #License(s): CA: 01772495
(818) 212-2735
Source:
Marcusmillichap
Added: Aug 20
Changed: Aug 30
Last Checked: Aug 30 at 1:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Located at 2931 Lincoln Park Ave, this nine-unit apartment property includes four one-bedroom residences and five two-bedroom residences. Select units feature upgraded interiors, while on-site laundry, full uncovered parking, and separately metered gas and electricity support resident convenience and operating separation. The property occupies a 14,781-square-foot corner lot and may provide potential for multiple ADUs.
The Lincoln Heights setting offers access to the 5, 10, and 110 freeways, the Metro A Line, and nearby commercial corridors including North Broadway, Mission Road, Griffin Avenue, and Huntington Drive. Paradise Hill Park, the USC Health Sciences Campus, and neighborhood retailers and restaurants are also nearby.
The Lincoln Heights setting offers access to the 5, 10, and 110 freeways, the Metro A Line, and nearby commercial corridors including North Broadway, Mission Road, Griffin Avenue, and Huntington Drive. Paradise Hill Park, the USC Health Sciences Campus, and neighborhood retailers and restaurants are also nearby.
Key Highlights
- Nine‑unit apartment property with four one‑bedroom and five two‑bedroom units
- 14,781‑square‑foot corner lot in Lincoln Heights
- Select residences include upgraded interiors
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Corner-lot multifamily property with upgraded interiors, on-site laundry, parking, and separately metered utilities.
Where is this apartment building located?
The property is located at 2931 Lincoln Park Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Nine‑unit apartment property with four one‑bedroom and five two‑bedroom units; 14,781‑square‑foot corner lot in Lincoln Heights; Select residences include upgraded interiors
