The East of Lincoln Neighborhood at a Glance
as of 09/30/2018
Number of Properties for Sale: 28
Months Supply of Inventory: 5.6
Number of Properties in Escrow: 5
Number of Properties Sold This Month: 5
Average Sale Price: $2,642,000
Sold $ / Square Foot: $1,135
Average Days on Market: 17
Take a look at the East of Lincoln Neighborhood vibe …
Totally residential, the properties are almost all single-family and very heavily owner-occupied. There are sections of 20’s California and Spanish bungalows, postwar bungalows and 50’s ranch-style homes. Recently, there has been significant remodeling, additions and new construction in the area.
Along the north portion of this neighborhood is Penmar Park and Golf Course, owned and operated by the City of Los Angeles. In addition to the public golf course, there are tennis courts, ball fields and a community center.
Most of the area’s homes have good-sized lots, averaging 40′ x 130′. There are six streets that have large 1/4-acre lots. Zoning is R-1.