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.
Property Details
Price:
$1,050,000
MLS #:
WS23027109
Status:
Active
Baths:
0
Address:
2432 Workman Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
677lincolnhts
City:
Lincoln Heights
Listed Date:
Feb 16, 2023
State:
CA
ZIP:
90031
Lot Size:
9,899 sqft / 0.23 acres (approx)
Year Built:
1890
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Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
Back Yard, Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Trash Collection
Map
Community
- Address2432 Workman Street Lincoln Heights CA
- Area677 – Lincoln Hts
- CityLincoln Heights
- CountyLos Angeles
- Zip Code90031
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Courtesy of TREELANE REALTY GRP, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2432 Workman Street
Lincoln Heights, CA
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