Property listed by Reliable Real Estate Company, Elvia Gonzalez 949-445-2944
$799,900
**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.… Read More (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. Read Less
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, Standard, 2 separate electric meters, 2 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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