1819 Workman St Street, Los Angeles
Los Angeles Home For Sale
GREAT INVESTMENT OPPORTUNITY! Property with a lot of potential. Rental income will pay itself off. First time on market since 40 years ago. This income property is located at less than a mile from LAC+USC Medical Center and only 10 minutes form Downtown LA and Chinatown. This neighborhood has gone through gentrification; completely surrounded by newly constructed houses and income units. Great family neighborhood near schools, churches and freeway access with high demand from renters. Near bus stops. CAP RATE 5.15 % This income property consists of 6 units, of which two units are facing the street and one of them has 3 bedrooms and 1 bath, perfect for a big family. There is a small house in the immediate back that is rented as a one bedroom/one bath apartment with adjacent storage shed plus 3 back units with 3 one car garages in the very rear. This property has a new roof, new plumbing, and the two front units have been remodeled 4 years ago and freshly painted last year. This is a 1031 Exchange.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90031
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- MLS® #:
- CV24099913
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- Bedrooms:
- 10
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- Bathrooms:
- 7
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- Lot Size:
- 0.17
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- Garages:
- 3
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 31st, 2024 at 4:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.