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$799,900
Est. payment /mo
3 Beds
2 Baths
5,398 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26173613
Bedrooms 3
Lot Size 5,398 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 neighborhoods popular restaurants, cafs, shops, entertainmen
Location
State CA
County Los Angeles
Zoning Assessor
Direction 1 BLK SOUTH OF YORK BLVD & JUST EAST OF \"AVE 52\"
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5478008011
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Probate Sbjct to Overbid, NOD Filed/Foreclosure Pnd
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Listed by Elvia Gonzalez, DRE#01180910 Reliable Real Estate Company
Nearby School & Business
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