2235 Johnston Street,  Los Angeles CA, 90031 (Residential Income)

5,545 sqft
Status: Sold
MLS#: AR14261229
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Last Updated: 12/3/2016 3:30 AM
Description for 2235 Johnston Street Los Angeles, CA 90031
Excellent 7 units multi units conveniently located Lincoln Heights just minutes away from Downtown LA, China Town and Freeway 5. Walking distance to shops and restaurants. All units are fully occupied for the past 10+ years. Est. Cap rate to be 7.89 with long term stable tenants, great upside potential. 3 separate buliding with big lot size of 9,899 sq.ft. for future expansion.
Price
Sold Price:
$701,800
Sold Date:03/16/2015
Los Angeles
5,545 (approx)
AR14261229
Closed
Description
Excellent 7 units multi units conveniently located Lincoln Heights just minutes away from Downtown LA, China Town and Freeway 5. Walking distance to shops and restaurants. All units are fully occupied for the past 10+ years. Est. Cap rate to be 7.89 with long term stable tenants, great upside potential. 3 separate buliding with big lot size of 9,899 sq.ft. for future expansion.
Listing Information
Property Type: Cluster, 2 Story
0.23 Acres 5,545 (approx)
1915 2
Public Water Service
Sewer Connected
7 Total
Neighborhood
Room Information
No Laundry Facility
Exterior / Lot Features
Off Site, No Parking
None
No Pool
60 X 165
No Fence
Urban
Financial Considerations
5204025008
$7,720
$73,908 Income ,$15,600Expense
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: Re/Max Elite Realty Jerry Sun
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