$1,050,000
Active
406 Days Online
0 Beds0 Baths3,470 SQFT
Active

2432 -36 Workman Street Lincoln Heights, CA 90031

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A Nice 4-unit with a large lot Near 10, 000 Sf. It's located in the downtown Lincoln Heights area, near Chinatown, close shopping, banks, Bus stop, CVS, Library at the Same Street, walk distance to all conveniences. There are 3 buildings plus approx. 600 large storage structures in the rear(permit unknown). The total building size is 3470 Sf. The site address is 2432, 2432 1/2, 2434 and 2436 Workman. The front building has 2184 Sf. has 2 units, 2434 and 2432 1/2, Unit 2434 has 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; Unit 2432 1/2 unit is 1 bedroom, 1 bath. rented $1500. The Seller spent $30, 000 to remodel this unit including new interior paint, new water heater, all new dual windows, new laminated flooring, kitchen with new countertop, new cabinets, tile floor, the full bathroom with new tub, new toilet and new cabinet. This unit has a high ceiling, bright and airy, good for family living. the 2nd building built in 1904, 544 Sf. 1 bedroom, one bath; the rear unit was built in 1914, 742 Sf., 2 bedrooms, 1 bath, with fenced large well kept back yard. There are 4 electric meters, 4 gas, and 4 waste / trash services accounts. Tenants pay their own utilities including trash except water. Seller Note, the property is located at the rent control area. The current rent is a lot below the market, it hasn't been increased for many years, and has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make the offer subject to interior inspection. Please don't walk on the property, Thank you for your cooperation.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site406 Days
  • MLS StatusActive
  • MLS ID NumberWS23027109
  • Home Size Source N/A
  • Year Built1890
  • Lot Size0.2272 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Public Sewer
  • Acreage 0.2272
  • Water Public
  • Property Sub Type Apartment
  • Garage Spaces 0
  • Zoning LARD2
  • Listing Conditions Standard

Interior Features

  • Laundry Features Gas & Electric Dryer Hookup

Exterior Features

  • Pool Features None
  • Lot Back YardFront YardLevel with StreetLot 6500-9999Rectangular LotNear Public Transit

Community Features

  • Community Features SidewalksStreet Lights
  • Senior Community No
  • MLS Area 677 - Lincoln Hts

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Monthly Payment (Est.)

$5,639
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