NOT LISTED FOR SALE

2609 Lincoln Park Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $834,000 - $1,113,632

4 Beds
2 Baths
1,728 Sq Ft
$552/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $805,000 $466 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,055/month

12 Days on Market

Highlights

  • Laundry Room
  • Abraham Lincoln High School Rated A
  • 1-Story Property

About This Home

As of June 2023

A great opportunity to own two California bungalows on one lot in Lincoln Heights. Each unit features 2 bedrooms and 1 bathroom, totaling 1,728 square feet of living space, and a sizable 7,441 square feet flat lot. Front unit is 1,008 sqft and back unit is 720 sqft. Other features include a 1-car
detached garage, ample parking, copper plumbing, newer windows in the front unit, and
an upgraded electrical system. It is just blocks from Abraham Lincoln High School,
parks, shops and minutes from Downtown L.A., Dodger Stadium, Chinatown and the 5,
110 & 101 Freeways. With some updating, this property has great potential.

Last Agent to Sell the Property

Catherine Cuellar

Coldwell Banker Realty License #01977414 Listed on: 04/13/2023

Coldwell Banker Realty

Co-Listed By

Thomas Phillips

Residian Property Group, Inc. License #01787705

Last Buyer's Agent

Austen Lee

Backbeat Homes License #02075654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,309

Year Built

  • Built in 1924

Lot Details

  • 7,441 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6798
  • Assessor Parcel Number 5208026004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,309

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 626 252-4357
  • Other Phone Number: 626 429-0273
  • Price Per Unit: 397500
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5208026004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 465.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7441.00
  • Lot Size Acres: 0.1708

Multi Family

  • Lot Size Area: 7441.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1992.02
  • Tax Lot: 4
  • Tax Tract Number: 6798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 17, 2023
Sold by
Carrasco Irene Victoria
Bought by
Carrasco Richard
Seller's Agent
Catherine Cuellar
Coldwell Banker Realty
Buyer's Agent
Austen Lee
Backbeat Homes
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%
Views
8
Current Estimated Value
$953,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,658
Avg. Annual Appreciation
5.35%
Original Mortgage
$684,250
Outstanding Balance
$666,679
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$235,641

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 16, 2023
Sold by
Frank Carrasco Living Trust
Bought by
Marcu Jonathan
Seller's Agent
Catherine Cuellar
Coldwell Banker Realty
Buyer's Agent
Austen Lee
Backbeat Homes
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,250
Outstanding Balance
$666,679
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$235,641

Purchase Details

Closed on
Nov 2, 2021
Sold by
Frank Carrasco
Bought by
Frank Carrasco Living Trust

Purchase Details

Closed on
Aug 10, 2005
Sold by
Carrasco Richard and Carrasco Frank
Bought by
Carrasco Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,191
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carrasco Richard -- Equity Title Company
Marcu Jonathan $805,000 Equity Title Company
Frank Carrasco Living Trust -- None Listed On Document
Carrasco Robert $421,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcu Jonathan $684,250
Previous Owner Carrasco Robert $336,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $805,000 +1.3% $466 / Sq Ft
05/12/2023 05/12/23 For Sale $795,000 -1.2% $460 / Sq Ft
05/02/2023 05/02/23 Off Market $805,000 -- --
04/25/2023 04/25/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $795,000 -- $460 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,309 $837,522 $587,826 $249,696
2024 $10,309 $821,100 $576,300 $244,800
2023 $7,727 $605,992 $479,748 $126,244
2022 $7,377 $594,111 $470,342 $123,769
2021 $7,285 $582,463 $461,120 $121,343
2020 $7,355 $576,491 $456,392 $120,099
2019 $7,073 $565,189 $447,444 $117,745
2018 $6,955 $554,108 $438,671 $115,437
2016 $6,646 $532,593 $421,638 $110,955
2015 $6,552 $524,594 $415,305 $109,289
2014 $6,583 $514,319 $407,170 $107,149
Source: Public Records

Agents Affiliated with this Home

  • Catherine Cuellar

    Seller's Agent in 2023

    Catherine Cuellar

    Coldwell Banker Realty

    (626) 252-4357

    1 in this area

    15 Total Sales

    Catherine Cuellar
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Thomas Phillips

    Residian Property Group, Inc.

    (626) 429-0273

    1 in this area

    9 Total Sales

    Thomas Phillips
    Section Image
  • Austen Lee

    Buyer's Agent in 2023

    Austen Lee

    Backbeat Homes

    (310) 721-3595

    1 in this area

    28 Total Sales

    Austen Lee
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23061886

California Regional Multiple Listing Service (CRMLS)

APN: 5208-026-004

California Los Angeles County Los Angeles 90031 Lincoln Heights

2609 Lincoln Park Ave, Los Angeles, CA

This home is located at 2609 Lincoln Park Ave, Los Angeles, CA 90031 since 13 April 2023 and is currently estimated at $953,658, approximately $551 per square foot. This property was built in 1924. 2609 Lincoln Park Ave is a home located in Los Angeles County with nearby schools including Gates Street Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes