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    2432 Workman Street

    Lincoln Heights, CA 90031
    • $998,000
    • STATUS: ACTIVE
    • ON SITE: 3 days
    • ID#: WS21092886
    New On Site 3 Days Ago
    UPDATED: 28 min ago
    $998,000
    • 7
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Nice 4-units with large lot of 9899 Sf. located at downtown Lincoln Height area, near China Town. There are 3 buildings plus a large storage structure in 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 2 units - one unit is 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; other unit is 1 bedroom, 1 bath; the 2nd building is 1 bedroom, one bath; the rear unit is 2 bedrooms, 1 bath. There are 4 electric meters, 4 gas, and 4 waste / trash services account. Tenants pay their own utilities except the water bill. It's located at the rent control area. The current rent is a lot of below the market, hasn't been increased for many years, has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make offer subject to interior inspection. Do not disturb tenants, don't walk on the property. Thank you for your cooperation. Nice 4-units with large lot of 9899 Sf. located at downtown Lincoln Height area, near China Town. There are 3 buildings plus a large storage structure in 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 2 units - one unit is 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; other unit is 1 bedroom, 1 bath; the 2nd building is 1 bedroom, one bath; the rear unit is 2 bedrooms, 1 bath. There are 4 electric meters, 4 gas, and 4 waste / trash services account. Tenants pay their own utilities except the water bill. It's located at the rent control area. The current rent is a lot of below the market, hasn't been increased for many years, has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make offer subject to interior inspection. Do not disturb tenants, don't walk on the property. Thank you for your cooperation.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    2432 Workman Street Lincoln Heights, CA 90031

    • Price: $998,000
    • Status: ACTIVE
    • Updated: 28 min ago
    • ID#: WS21092886
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    Neighborhood:
    Los Angeles (90031)
    County:
    Los Angeles
    Area:
    Los Angeles (90031)
    Property Description
    Nice 4-units with large lot of 9899 Sf. located at downtown Lincoln Height area, near China Town. There are 3 buildings plus a large storage structure in 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 2 units - one unit is 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; other unit is 1 bedroom, 1 bath; the 2nd building is 1 bedroom, one bath; the rear unit is 2 bedrooms, 1 bath. There are 4 electric meters, 4 gas, and 4 waste / trash services account. Tenants pay their own utilities except the water bill. It's located at the rent control area. The current rent is a lot of below the market, hasn't been increased for many years, has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make offer subject to interior inspection. Do not disturb tenants, don't walk on the property. Thank you for your cooperation. Nice 4-units with large lot of 9899 Sf. located at downtown Lincoln Height area, near China Town. There are 3 buildings plus a large storage structure in 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 2 units - one unit is 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; other unit is 1 bedroom, 1 bath; the 2nd building is 1 bedroom, one bath; the rear unit is 2 bedrooms, 1 bath. There are 4 electric meters, 4 gas, and 4 waste / trash services account. Tenants pay their own utilities except the water bill. It's located at the rent control area. The current rent is a lot of below the market, hasn't been increased for many years, has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make offer subject to interior inspection. Do not disturb tenants, don't walk on the property. Thank you for your cooperation.
    Exterior Features

    Pool N/K Site Sidewalks Topography Level

    Interior Features

    Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Annual Expense Actual 8320 Buildings 4 Gross Scheduled Income Actual 33720 Tenant Pays TrashElectricityGas/Propane Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 870.0 Unit2 Rent Actual 560.0 Unit3 Rent Actual 560.0 Unit4 Rent Actual 820.0 Zoning Assessor

    Listing provided courtesy of Treeline Realty. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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