$1,050,000
For Sale

2432 Workman Street

Lincoln Heights, CA 90031
0.23 acres | #WS23027109
Listing OfficeTREELANE REALTY GRP, INC.
Browse 8 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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
      • Lot DescriptionBackYard, FrontYard, NearPublicTransit, RectangularLot, StreetLevel
    • Measurements
      • Acres0.2272
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1890
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,050,000
  • Other
      • MLS #WS23027109

Location

Christopher PereaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00