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1923 Workman St
Los Angeles, CA 90031
Great Investment Property -3 Units For Sale · Multifamily Property For Sale
·
3 Units
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price Per Unit | $691,695 CAD | Building Size | 3,732 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 3 | Year Built | 1918 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Lot Size | 0.23 AC | ||
| Zoning | LARD2 | ||
| Price Per Unit | $691,695 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.23 AC |
| Building Size | 3,732 SF |
| No. Stories | 2 |
| Year Built | 1918 |
| Opportunity Zone |
Yes |
| Zoning | LARD2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $5,119 CAD | - |
| 2+1 | 2 | $2,088 CAD | - |
PROPERTY TAXES
| Parcel Number | 5210-004-012 | Improvements Assessment | $160,950 CAD |
| Land Assessment | $364,505 CAD | Total Assessment | $525,455 CAD |
PROPERTY TAXES
Parcel Number
5210-004-012
Land Assessment
$364,505 CAD
Improvements Assessment
$160,950 CAD
Total Assessment
$525,455 CAD
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