$1,825,000
2429 Workman ST Lincoln Heights, CA 90031
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$1,825,000
Est. payment /mo
9,896 Sqft Lot
Active
2429 Workman ST Lincoln Heights, CA 90031
UPDATED:
11/29/2024 01:15 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW23174361
HOA Y/N No
Year Built 1914
Lot Size 9,896 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Fireplace No
Laundry In Garage
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5204012011
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Trust
Listed by Biridiana Robles • HomeSmart Realty Group • 323-490-2723
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