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2931 Lincoln Park Ave

2931 Lincoln Park Ave, Los Angeles, CA 90031, USA

$1,400,000

CLOSED

October 2, 2026

SALE PRICE

$1,400,000

UNITS

9

PRICE PER UNIT

$155,556

PRICE PER SF

$214.66

CAP RATE

6.22%

GRM

9.58

Deal Story

Selling Agent

Kian Maronde and Jason Tuvia are pleased to announce the $1,400,000 sale of a nine-unit apartment building at 2931 Lincoln Park Avenue in Lincoln Heights, with Kian representing both Buyer and Seller. The property features four one-bedroom and five two-bedroom units on a 14,781-square-foot corner lot, along with on-site laundry, uncovered parking, separately metered gas and electricity, and significant rental upside. The Buyer plans to pursue potential ADU development to increase density, income, and long-term value. Direct communication with both parties helped facilitate a successful closing.

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Kian Maronde

Associate Director Investments

(818) 212-2651

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818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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