2432 2432 -36 Workman Street Lincoln Heights, CA $ 1,050,000
2432 2432 -36 Workman Street
$ 1,050,000
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2432 2432 -36 Workman Street

Lincoln Heights, CA, 90031
$ 1,050,000
Bedrooms7 Baths4.0 Sq 3,470

Monthly Estimate*

$ 7,335

Listed by TREELANE REALTY GRP, INC.
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 1
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 2
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 3
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 4
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 5
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 6
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 7
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 8
2432 2432 -36 Workman Street, Lincoln Heights, CA 90031 - Image 9

Multi-Family Home for sale in Lincoln Heights, CA

for $1,050,000 with 7 bedrooms and 4 full baths. This 3,470 square foot home was built in 1890 on a lot size of 0.2272.

A Nice 4-unit with a large lot Near 10,000 Sf. It's located in the downtown Lincoln Heights area, near Chinatown, close shopping, banks, Bus stop, CVS, Library at the Same Street, walk distance to all conveniences. There are 3 buildings plus approx. 600 large storage structures in the rear(permit unknown). The total building size is 3470 Sf. The site address is 2432, 2432 1/2, 2434 and 2436 Workman. The front building has 2184 Sf. has 2 units, 2434 and 2432 1/2, Unit 2434 has 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; Unit 2432 1/2 unit is 1 bedroom, 1 bath. rented $1500. The Seller spent $30,000 to remodel this unit including new interior paint, new water heater, all new dual windows, new laminated flooring, kitchen with new countertop, new cabinets, tile floor, the full bathroom with new tub, new toilet and new cabinet. This unit has a high ceiling, bright and airy, good for family living. the 2nd building built in 1904, 544 Sf. 1 bedroom, one bath; the rear unit was built in 1914, 742 Sf., 2 bedrooms, 1 bath, with fenced large well kept back yard. There are 4 electric meters, 4 gas, and 4 waste / trash services accounts. Tenants pay their own utilities including trash except water. Seller Note, the property is located at the rent control area. The current rent is a lot below the market, it hasn't been increased for many years, and has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make the offer subject to interior inspection. Please don't walk on the property, Thank you for your cooperation.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.2272

Year Built

1890

Town/City

Lincoln Heights

County/Region

Los Angeles

MLS | Web ID

WS23027109

Days on Market

449

Features
General
Sewer PublicSewer
Zoning LARD2
Garage Spaces 0.0
Pool Features None
Year Built 1890
Tenant Pays Electricity Gas TrashCollection
Property SubType Apartment
Gross Income 45960.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 37674.0
Operating Expense 8286.0
Insurance Expense 1560.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions North of Broadway; West of Griffin Ave
City Lincoln Heights
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 677 - Lincoln Hts
Lot Size Square Feet 9899.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Workman
Listing Terms Cash CashtoNewLoan Conventional
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1800.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 433
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Apartment
Taxes 4326.0
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Exterior
Lot Features BackYard FrontYard NearPublicTransit RectangularLot StreetLevel
Water Source Public
Total Parking 0.0
Lot Size Area 9899.0
Number of Buildings 4
Spa N
Building Area Total 3470.0
Lot Size Acres 0.2272
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features ElectricDryerHookup GasDryerHookup
Electric On Property Y/N N
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Internal Only
Street Number 1 2432
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* Excluded Features
List By
Treelane Realty Grp, Inc.

Broker

(626) 625-5034

Phone

Affordability Calculator

$7,335
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,335
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2023$1,050,000 Listed Price

Map


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2432 2432 -36 Workman Street, Lincoln Heights, CA, 90031 is a Multi-Family Home for sale at $1,050,000 with 3,470 sqft and a lot size of 0.2272. 2432 2432 -36 Workman Street has 7 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 90031 which is in Lincoln Heights, CA