2429 Workman Street
Lincoln Heights, CA 90031
0.23 acres | #DW23173990
Description
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
- Lot DescriptionZeroToOneUnitAcre
- Stories2
Measurements
- Acres0.2272
Parking
- Parking Spaces2
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1914
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,825,000
Other
- MLS #DW23173990
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Biridiana Robles (#DWROBBIR)
Listing Office: HomeSmart Realty Group (#DWHSD)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.