$1,139,000
For Sale

1819 Workman St Street

Los Angeles, CA 90031
0.17 acres | #CV24099913
Listing OfficeMARTIN G. GAVILANES, BROKER
Browse 13 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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 gone 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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, RectangularLot
      • Stories2
    • Measurements
      • Acres0.1722
    • Parking
      • Parking Spaces3
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1887
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,139,000
  • Other
      • MLS #CV24099913

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 90031