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2312 Lincoln Park , Los Angeles, CA 90031
$525,000
Est. Payment: $2,641.72/mo
6 Bed
3 Bath
0 Sqft
Status: active | Days on site: 64
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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.
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Highlights

Listed by Patrick Owen , 714-876-1455 Pat Owen Realty , 800-919-7356. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.33

County

Los Angeles

Listing ID

RS26119870

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:

Exterior Features

Lot Dimensions:289 X 50
Zoning:Assessor
Principal Interest
$2,642
Taxes
$335

Home Price

$525,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$105,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,641.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,641.72 $334.69 $0.00 $2,976.40
Yearly $31,700.60 $4,016.25 $0.00 $35,716.85
Total $951,018.12 $120,487.50 $0.00 $1,071,505.62

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-08T20:21:00.000Z

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