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2429 Workman Street, Lincoln Heights, CA 90031
Priced at Only: $1,825,000
For more Information Call Mobile: 714.478.6676
Address: 2429 Workman Street, Lincoln Heights, CA 90031
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  • MLS#: DW23174361 ( Multi Family )
  • Street Address: 2429 Workman Street
  • Viewed: 2
  • Price: $1,825,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1914
  • Bldg sqft: 0
  • Days On Market: 491
  • Additional Information
  • County: LOS ANGELES
  • City: Lincoln Heights
  • Zipcode: 90031
  • Provided by: HomeSmart Realty Group
  • Contact: Biridiana Biridiana
  • California Regional MLS IDX
  • DMCA Notice
  • 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 of the one bedroom unit has an additional bonus room used as a 2nd bedroom). two garages, one is a 2 car garage and the other is a 1 car garage. Wonderful lot size to host with a private back yard and plenty of parking. 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.
Features
Assetclass
  1. Multi-Family
Building Area Total
  1. 6376.00
Commoninterest
  1. None
Country
  1. US
Exclusions
  1. all personal property
Insurance Expense
  1. 700.00
Laundry Features
  1. In Garage
Netoperatingincome
  1. 93090.00
Otherexpense
  1. 5000.00
Parcel Number
  1. 5204012011
Postalcodeplus4
  1. 2335
Property Type
  1. Multi Family
Totalexpenses
  1. 16650.00
Trash Expense
  1. 1000.00
Water Sewer Expense
  1. 7400.00
Water Source
  1. Public
Year Built
  1. 1914
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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