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2432 2432 -36 Workman Street

Lincoln Heights, CA 90031

$1,050,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1890

calendar_month Built

Property Description

A Nice 4-unit with a large lot Near 10,000 Sf. It's located in the downtown Lincoln Heights area, near Chinatown, close shopping, banks, Bus stop, CVS, Library at the Same Street, walk distance to all conveniences. There are 3 buildings plus approx. 600 large storage structures in the rear(permit unknown). The total building size is 3470 Sf. The site address is 2432, 2432 1/2, 2434 and 2436 Workman. The front building has 2184 Sf. has 2 units, 2434 and 2432 1/2, Unit 2434 has 2 bedrooms plus den(current use as a 3rd bedroom), 2 baths; Unit 2432 1/2 unit is 1 bedroom, 1 bath. rented $1500. The Seller spent $30,000 to remodel this unit including new interior paint, new water heater, all new dual windows, new laminated flooring, kitchen with new countertop, new cabinets, tile floor, the full bathroom with new tub, new toilet and new cabinet. This unit has a high ceiling, bright and airy, good for family living. the 2nd building built in 1904, 544 Sf. 1 bedroom, one bath; the rear unit was built in 1914, 742 Sf., 2 bedrooms, 1 bath, with fenced large well kept back yard. There are 4 electric meters, 4 gas, and 4 waste / trash services accounts. Tenants pay their own utilities including trash except water. Seller Note, the property is located at the rent control area. The current rent is a lot below the market, it hasn't been increased for many years, and has potential to increase. Ideal for the owner occupant or investment. Buyer is advised to independently verify the accuracy of all information. Please make the offer subject to interior inspection. Please don't walk on the property, Thank you for your cooperation.

Listing Information

List Price $1,050,000
Status Active
MLS WS23027109
Type Residential Income
Subtype Apartment
Year Built 1890
Lot Size 9,899
Structure Size N/A
DOM 555
Courtesy Of TREELANE REALTY GRP, INC.
Listing Agent KINNY LIN DRE#01244019

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

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king_bed N/A
shower N/A
straighten N/A
straighten 7,361
2690 Workman Street,

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Listing information courtesy of: KINNY LIN, TREELANE REALTY GRP, INC. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.