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(562) 376-6792
Century 21 A Better Service
2325 Johnston Street, Los Angeles, CA 90031
- $1,649,000
- List Price
- $1,649,000
- Price Change
- ▼ $100,000 1792021347
- Status
- ACTIVE
- MLS#
- OC26053622
- Year Built
- 1963
- Lot Size
- 9,919
- Acres
- 0.23
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 65
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level, Two Levels
Property Description
Now offered at $1,649,000! this multifamily property presents an opportunity to acquire six income-producing units in historic Lincoln Heights, just minutes from Downtown Los Angeles. Situated on an approximately 9,919-square-foot lot, this multi-family property offers approximately 4,548 square feet of building area, featuring a three-bedroom main residence and five additional one-bedroom, one-bathroom units. With existing rental income, two units anticipated to be delivered vacant, and potential for future rental growth or development (buyer to verify with the city), this property offers flexibility and long-term investment potential. Conveniently located near major freeways, dining, and neighborhood amenities, it's an ideal opportunity for investors looking to expand their portfolio in a desirable Los Angeles location. Six Units, a generous lot size, and an improved price!
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Tile Counters, Track Lighting
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $45,000
- Operating Expense
- 7600
Listing courtesy of Listing Agent: William Bingley (westliferealty@yahoo.com) from Listing Office: William Bingley, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.