5208 Lincoln , Los Angeles, CA 90042
$799,900
Est. Payment: $4,272.03/mo
3 Bed
2 Bath
1432 Sqft
Status: Active | Days on site: 1
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OC04756 - OCGONZELV,OCGONZEDD
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House Description

**PROBATE SALE | “DIAMOND IN THE ROUGH” | PRIME HIGHLAND PARK LOCATION | INVESTMENT OPPORTUNITY** Opportunity knocks in highly desirable **Highland Park!** This probate property offers investors, contractors, developers, and savvy buyers the chance to transform a property with **significant upside potential** in one of Northeast Los Angeles’ most sought-after neighborhoods. (ALL CASH REQUIRED TO PURCHASE). Located at **5208 Lincoln Ave, Los Angeles, CA 90042**, the property sits on an approximately **5,398-square-foot lot** and features an existing multifamily configuration (appx 1,432 sq ft total for both units) offering multiple possibilities for renovation, income generation, or future development **subject to buyer verification and applicable City of Los Angeles requirements.** The **front unit is currently an incomplete interior remodel**, providing an opportunity for a buyer to finish the renovation and customize the space to their vision. The **rear unit requires TLC** and presents an excellent opportunity for improvement and value enhancement. Adding to the property's potential, the **rear structure was previously utilized as a garage** and may offer the possibility of conversion to an **ADU (Accessory Dwelling Unit)**, subject to buyer investigation, permits, zoning, building codes, and approval by the City of Los Angeles. This is truly a property for someone who can **see beyond the current condition and unlock its potential!** Located in the heart of Highland Park, the property is conveniently close to the neighborhood’s popular restaurants, cafés, shops, entertainment, and local amenities, with easy access to nearby Eagle Rock, Mount Washington, Glassell Park, Pasadena, and Downtown Los Angeles. **PROBATE SALE — SOLD AS-IS.** Buyer to conduct their own due diligence regarding property condition, unit configuration, square footage, zoning, permits, occupancy, development potential, ADU possibilities, and all other matters affecting the property. Seller makes no representations regarding the feasibility or approval of any proposed improvements or conversion. **HIGHLAND PARK LOCATION + LARGE LOT + EXISTING MULTIFAMILY CONFIGURATION + RENOVATION UPSIDE + POTENTIAL ADU OPPORTUNITY = **DON’T MISS THIS RARE HIGHLAND PARK PROBATE OPPORTUNITY!** DOGS ON PROPERTY!! DO NOT ENTER!! SCHEDULE APPT.

Highlights

Listed by Elvia Gonzalez , 949-445-2944 and Eddie Gonzalez , 9494452901 Reliable Real Estate Company , 949-445-2944. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1924

County

Los Angeles

Area

632 - Highland Park

Listing ID

OC26173613

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:
Appliances:Gas Range, Gas Water Heater, Refrigerator, Water Heater
Floor:Wood
Other:
  • Additional:Bedroom on Main Level
Water:Public

Exterior Features

Lot:Garden,Yard,No Land Lease
Garage Capacity:1
Roof:Composition
Others:
  • Additional:Fixer, Repairs Cosmetic, Under Construction, Drywall, Stucco, Wood Siding, 2+ Total Units, Has ADU
Sewer:Public Sewer
Parking Features:Concrete,Driveway
Principal Interest
$4,272
Taxes
$510

Home Price

$799,900

Loan Details

30 yrs
7.034%

Down Payment

20%
$159,980
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:
$4,272.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,272.03 $509.94 $0.00 $4,781.96
Yearly $51,264.31 $6,119.24 $0.00 $57,383.55
Total $1,537,929.31 $183,577.05 $0.00 $1,721,506.36

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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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.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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