$1,139,000
- Beds
- Unknown
- sq ft
- 7,499
1819 Workman St, Los Angeles, CA 90031
1819 Workman St
Los Angeles, CA 90031
- 104 days on market
GREAT INVESTMENT OPPORTUNITY! Property with a lot of potential. Rental income will pay itself off. First time on market since 40 years ago.
This income property is located at less than a mile from LAC+USC Medical Center and only 10 minutes form Downtown LA and Chinatown.
This neighborhood has gone through gentrification; completely surrounded by newly constructed houses and income units.
Great family neighborhood near schools, churches and freeway access with high demand from renters. Near bus stops.
CAP RATE 5.15 %
This income property consists of 6 units, of which two units are facing the street and one of them has 3 bedrooms and 1 bath, perfect for a big family.
There is a small house in the immediate back that is rented as a one bedroom/one bath apartment with adjacent storage shed plus 3 back units with 3 one car garages in the very rear.
This property has a new roof, new plumbing, and the two front units have been remodeled 4 years ago and freshly painted last year.
This is a 1031 Exchange.
Details
Property type
Mixed Use
Property condition
Updated/Remodeled
Lot size
7,501 sq ft
Price per sq ft
$152
Year built
1887
Price History
06/09/2024
CRMLS #CV24099913
Listed
$1,139,000
Schools & Community
Neighborhood:
Lincoln Heights
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Street Lights
Community features:
Curbs, Street Lights
Status: Active
Tomo last checked: 09/20/2024 at 7:55 PM
Listing updated: 06/09/2024 at 1:23 PM
Listed by: Martin Gavilanes, MARTIN G. GAVILANES, BROKER Phone #: (626) 480-0440
MLS: CRMLS #CV24099913
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