1923 Workman Street
Lincoln Heights, CA, 90031 $ 1,500,000
Bedrooms8 Baths4.0 Sq 3,372 Monthly Estimate*
$ 10,478
Listed by TREELANE REALTY GRP, INC.
for $1,500,000 with 8 bedrooms and 4 full baths. This 3,372 square foot home was built in 1918 on a lot size of 0.2273.
This triplex has a total 3,372 SqFt., sits on a large lot of 9900 Sf., located at the heart of Lincoln Heights, minutes to downtown LA. It's conveniently close to all, near schools, parks, minutes from Downtown Los Angeles, USC and medical center, easy access to 5, 10, 101 freeways. There are 3 individual buildings with their own street numbers, #1923, #1923 1/2 and #1927. The front unit is a 2-story, 4 bedroom 2 baths single family house with 2 electric meters, completely remodeled with fresh paint, new windows and new blinds, 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, with move-in condition at the front unit. Another 2 units, two separate buildings, each unit has 2 Bedrooms, 1 bath, one is with enclosed back yard. In 2016, both units replaced the carpet, and also the sink and vanity. Cement driveway and back yard, provide more parking spaces. There's large empty lot at the front left side, possibly to build an ADU or other use.. Please check with LA city for the code use information. It's perfect for owners to live in one and get income from renting out the other 2 units. Enclosed some virtually staged photos for your reference. The front house is also for lease at $3700/month, multiple applications received currently. Please check out MLS for lease information. High rental demand area, great opportunity for the investors. Must see to appreciate.
See more
FeaturesGeneralSewer PublicSewer
Zoning LARD2
Garage Spaces 0.0
Pool Features None
Year Built 1918
Tenant Pays Electricity Gas
Property SubType Triplex
Gross Income 79428.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 72550.0
Operating Expense 6878.0
Insurance Expense 2529.0
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 Main street; East of Fwy 5
City Lincoln Heights
Entry Location 1st
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 677 - Lincoln Hts
Lot Size Square Feet 9900.0
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
Trash Expense 888.0
Water Sewer Expense 2500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://matterport.com/discover/space/5CymwDTWW9u
Days on Market 73
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Triplex
Taxes 4726.8
See more
ExteriorLot Features Yard
Water Source Public
Total Parking 0.0
Lot Size Area 9900.0
Number of Buildings 3
Spa N
Building Area Total 3372.0
Lot Size Acres 0.2273
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
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
See more
InteriorTotal Stories 2
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 Inside
Entry Level 1
Electric On Property Y/N N
See more
* Excluded FeaturesList ByTreelane Realty Grp, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $10,478
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Lincoln Heights, CA
Average List Price $1,276,667
Percent of Sale Price 15%
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
1/12/2024 | $1,500,000 | | Listed Price |