Here’s the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it’s hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.
Property Details
Price:
$1,300,000
MLS #:
25541719
Status:
Active
Baths:
0
Address:
1909 Johnston Street
Type:
Residential Income
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Apr 21, 2025
State:
CA
ZIP:
90031
Lot Size:
8,972 sqft / 0.21 acres (approx)
Year Built:
1926
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Schools
Interior
Appliances
Refrigerator
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
1
Financial
Map
Community
- Address1909 Johnston Street Los Angeles CA
- Area677 – Lincoln Hts
- CityLos Angeles
- CountyLos Angeles
- Zip Code90031
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1909 Johnston Street
Los Angeles, CA
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