Welcome to your next lucrative investment in Los Angeles! This exceptional seven-unit multi-family property is now available and ready to generate steady rental income. Located in the vibrant community of Lincoln Heights, this property offers a fantastic opportunity.This seven unit represents an excellent investment opportunity in a thriving rental market. Perfect for investors or a family that wants to produce income and live on the property. First time on the market since 1969. Family owned and operated for 54 years. One unit has 3 bedrooms and 2 baths, two units have 2 bedrooms and 1.5 baths, the other four units are spacious 1 bedroom, 1 bath each (one unit has an additional bonus room used as a 2nd bedroom). Wonderful lot size to host with a private back yard and plenty of parking. two garages, one is 2 car garage and the other is a one car garage. Convenient location with easy access to Downtown L.A., Walt Disney Concert Hall, Chinatown, Crypto.com Arena, Dodger Stadium, CAL State LA, Metro link, freeways (5,60,110,10,101), DMV, private and public schools, Los Angeles Medical Center, Keck School of Medicine of USC, Nightlife, Public transportation. Many Landmarks near, Lincoln Park Historic district, Los Angeles State Historic Park that host many events, Elysian Park, San Antonio Winery, The Brewery Art Colony, Heritage Square Museum. Walking distance to shopping stores, library and restaurants, perfect for outdoor dining.
Property Details
Price:
$1,825,000
MLS #:
DW23173990
Status:
Active
Baths:
0
Address:
2429 Workman Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
677lincolnhts
City:
Lincoln Heights
Listed Date:
Aug 26, 2023
State:
CA
ZIP:
90031
Lot Size:
9,899 sqft / 0.23 acres (approx)
Year Built:
1914
See this Listing
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Schools
Interior
Cooling
Central Air
Exterior
Community Features
Fishing, Park
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Features
Direct Garage Access, Driveway – Combination, Garage, Garage Door Opener, Parking Space, Private, Public, R V Access/ Parking
Parking Spots
10.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address2429 Workman Street Lincoln Heights CA
- Area677 – Lincoln Hts
- CityLincoln Heights
- CountyLos Angeles
- Zip Code90031
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2429 Workman Street
Lincoln Heights, CA
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