855.375.4001
Listed by 626-695-7186 - Martin Gavilanes - MARTIN G. GAVILANES, BROKER
$1,139,000 affordable loan icon Calculate Payment

1819 Workman St Street Los Angeles, CA 90031

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Mixed Use Residence
Beds
Baths
... Bed/Bath
7,499 Sq. Ft.

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Last updated on 10/5/2024 9:22 PM
GREAT INVESTMENT OPPORTUNITY! Property with a lot of potential. Rental income will pay itself off. First time on market since 40 years ago. This income property is located at less than a mile from LAC+USC Medical Center and only 10 minutes form Downtown LA and Chinatown. This neighborhood has gon...e through gentrification; completely surrounded by newly constructed houses and income units. Great family neighborhood near schools, churches and freeway access with high demand from renters. Near bus stops. CAP RATE 5.15 % This income property consists of 6 units, of which two units are facing the street and one of them has 3 bedrooms and 1 bath, perfect for a big family. There is a small house in the immediate back that is rented as a one bedroom/one bath apartment with adjacent storage shed plus 3 back units with 3 one car garages in the very rear. This property has a new roof, new plumbing, and the two front units have been remodeled 4 years ago and freshly painted last year. This is a 1031 Exchange. Continue reading
MLS#
CV24099913
Property Type
Mixed Use
Year Built
1887
Square Feet
7,499 sq. ft
Lot Size
0.17
Sewer
Public Sewer

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Listed by 626-695-7186 - Martin Gavilanes - MARTIN G. GAVILANES, BROKER
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 10/5/2024 9:22 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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