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Property Detail

Property Detail

Property Detail

5208 Lincoln, Los Angeles, CA 90042

5208 Lincoln, Los Angeles, CA 90042

$799,900 LOGIN TO SAVE

Bedrooms: 0

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Bathrooms: 0

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Area: 0 SqFt.

    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.

    Features​

    • 0.12 Acres
    • 1 Story

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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