Listing date: 2024-12-28, Last update: 2024-12-28

$1,825,000 For Sale

2429 Workman Street, Lincoln Heights, CA 90031

  • -Beds
  • -Baths
  • 6,376
    sqft
  • 9,896
    sqft Lot
  • Beds
  • Baths
  • 6,376 sqft
  • 9,896 sqft lot
Property Highlight
Year built
1914
Listed for
5 days
Price / Home Size
$286 / sqft
Parking
-
HOA
$0 / mo
A/C
-
Home Type
Multi Family
View
    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.

Listing Provided Agent
  • • Name: -
  • • DRE: -
  • • Email: -
  • • Phone: -
Listing Provided Office
  • • Name: -
  • • Email: -
  • • Phone: -
Source
  • • CRMLS #DW23174361crmls logo
Local Information
Home Details for 2429 Workman Street
Interior
Features
Appliances
  • Laundry: In Garage
Bathrooms
Bedrooms
Exterior
Features
  • Home Type: Commercial
  • New Construction: No
  • Levels: None
  • Stories: None
  • Entry Level: 1
Parking & Garage
Lot
  • Size: 9,896 sqft
  • Size source: Assessor
Details
  • Parcel Number: 5204012011
  • Special Condition: Trust
  • # of Total unit: 7
  • Common Interest: None
Utilities
Utilities
  • Water: Public
Community & HOA
Community
  • None
HOA
Property Financial History
DateEventPrice
12/28/2024Source: CRMLS #DW23174361
Back on Market
-
12/06/2024Source: CRMLS #DW23174361
Off Market
-
09/18/2023Source: CRMLS #DW23174361
Listed for Sale
$ 1,825,000
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