fbpx

$1,139,000
10 bed
7 bath
0 Sqft
7,501 Sqft lot

1819 Workman St Street, Los Angeles, California 90031

  • Residential Income Property Type
  • 38 Days Time on market
  • 1887 Year Built
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.

Basic Details
Residential Income
Buy
CV24099913
$1,139,000
10
7
0 Sqft
1887
7,501 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Natural Gas
: Wall/window Unit(s)
: Averagecondition
: Gas Water Heater
: Traditional
: Curbs, Street Lights, Urban
8
$0
: Composition
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90031
1819 Workman St Street
1819
Street
0
W119° 47' 8.9''
N34° 3' 51.6''
Additional Information
38
1
2
1
3
7,499 Sqft
1
0 Sqft
0 Sqft
0.17 Sqft
7,501 Sqft
1
: 2+ Common Walls
0 Sqft
LAR3
5210005020
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
09/06/2024 12:57:46
$0
: Standard
Cash,CashtoNewLoan,Conventional,1031 Exchange
South of Broadway, West of Griffin Ave.
MARTIN G. GAVILANES, BROKER
Martin Gavilanes
1031
C10579
: Parking
$0
5.15
0
: Drywall
0
: Standard
: Laminate
1
: Rectangular Lot, Item01unitacre
1
: Electricity Connected, Natural Gas Connected, Cable Connected
1
: Square Feet
1
1
3
6
5
1
6
6
Updated/Remodeled
Carbon Monoxide Detector(s),Smoke Detector(s),Wind
1
11
21
86464
US-06037-N-5210005020-R-N
MixedUse
09/06/2024 20:16:39
Workman St
677 - Lincoln Hts
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$