1923 Workman St - Multi-Family FOR SALE


Los Angeles, CA 90031- Lincoln Heights
$1,500,000 USD
626-625-5034
1923 Workman St, Los Angeles, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

1923 Workman St
Los Angeles, CA 90031
Lincoln Heights


OVERVIEW

The front house just rented. This triplex has a total 3372 SqFt., sits on a large lot of 9900 Sf., located at the heart of Lincoln Heights. It's conveniently located close to schools, parks, approx. minutes from Downtown Los Angeles, USC and medical center, easy access to 5, 10, 101 freeways. There are 3 individual buildings with their own unit numbers, #1923, #1923 1/2 and #1927. The front unit is a 2-story, 4 bedroom 2 baths single family house, rented for $3600 /month and another 2 units are individual buildings, each has 2 Bedrooms, 1 bath. In 2016, the carpet, and also the sink and vanity were replaced. One 2 -bedroom unit with a fenced back yard, the current rent is $1629/mo. and another 2-bedroom unit's rent is $1390/mo. The front house is completely remodeled with fresh paint, new windows, new copper piping in the entire house, all new appliances, upgraded kitchen with all new cabinets, Quartz countertops, laminate flooring throughout, and has its own laundry room. The cement parking area in the rear provides many parking spaces. It's perfect for owners to live in one and rent out other 2 units; this is a great opportunity for investors. Must see to appreciate.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

3

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great Investment Property -3 Units For Sale

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,888 SF

ZONING

LARD2

APN/PARCEL ID

5210-004-012

ASK ABOUT THIS PROPERTY

Kinny LinTreelane Realty GroupMore Info
626-625-5034

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Kinny LinTreelane Realty GroupMore Info
626-625-5034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.