1842 Workman Street,  Los Angeles CA, 90031 (Residential Income)

7,330 sqft
Status: Active
MLS#: 16159774
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Last Updated: 12/9/2016 2:47 AM
Description for 1842 Workman Street Los Angeles, CA 90031
We are pleased to exclusively offer for sale this 11 + 1 n/c unit multi family investment in the gentrifying area of Lincoln Heights just north of Downtown Los Angeles. The subject property is comprised of 4 single story units which were constructed in 1924 and 7 + 1 n/c units in a two-story structure constructed in 1930. The property is situated on a spacious lot measuring 7,330 square feet. Please note that per the assessor the legal unit count is 11 but the property is currently operating as 12 units. Buyer to conduct their own investigation.
Price
$1,450,000
Los Angeles
7,330 (approx)
16159774
Active
Description
We are pleased to exclusively offer for sale this 11 + 1 n/c unit multi family investment in the gentrifying area of Lincoln Heights just north of Downtown Los Angeles. The subject property is comprised of 4 single story units which were constructed in 1924 and 7 + 1 n/c units in a two-story structure constructed in 1930. The property is situated on a spacious lot measuring 7,330 square feet. Please note that per the assessor the legal unit count is 11 but the property is currently operating as 12 units. Buyer to conduct their own investigation.
Listing Information
Property Type: Cluster, Other
0.2 Acres 909,800 sq.ft. 7,330 (approx)
$197.82 1924
Gas Water Heater
12 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
None
None
Exterior / Lot Features
None
No Pool
LAR3
Driving Directions
Property is located in Lincoln Heights; East of the 5 Freeway mid-block between North Main Street and Alhambra Avenue on the North side of the street.
Financial Considerations
5210008013
,$50,459
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90031 has a population of 3,804,503.

The median household income in Los Angeles, California 90031 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90031 is 34.1 years.

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Courtesy: Remax Commercial and Investmen Shant Sherbetdjian
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Information is deemed reliable but is not guaranteed.

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