1819 Workman St Street, Los Angeles, CA 90031
-
Listed Price :
$1,139,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1887
Property Description
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.
Interior Features
Laundry Information |
Location(s) |
None |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Laminate |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
1819 Workman St Street |
City |
Los Angeles |
State |
CA |
Zip |
90031 |
County |
Los Angeles |
Listing Agent |
Martin Gavilanes DRE #01026015 |
Courtesy Of |
MARTIN G. GAVILANES, BROKER |
List Price |
$1,139,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Mixed Use |
Structure Size |
N/A |
Lot Size |
7,501 |
Year Built |
1887 |
Listing information courtesy of: Martin Gavilanes, MARTIN G. GAVILANES, BROKER. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.