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1819 Workman St
Los Angeles, CA 90031
1819 Workman St Los Angeles CA 90031 · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Great Investment Opportunity! Property located in a neighborhood that has gone through gentrification; completely surrounded by new constructions.
  • 6 units, which two units are facing the street, one in the middle and three at rear. Family neighborhood near to schools, freeways, church, CALState
  • Great Cap Rate 5.15 %
  • Highly sought after rental area with very stable tenants. Only 10 minutes away from Downtown LA and less than a mile from LAC +USC Medical Center
  • New plumbing, new roof, plus the 2 front units have been completely renovated.
  • Subject to 1031 exchange. Seller is buying another property which is already in escrow.

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 2,869 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1887/2002
Parking Ratio 2.09/1,000 SF
Zoning LAR3 - LAR3

Amenities

Unit Amenities

  • Cable Ready
  • Kitchen
  • High Speed Internet Access
  • Satellite TV

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $1,038 600
2+2 1 $1,700 500
1+1 4 $953.00 450

Property Taxes

Property Taxes

Parcel Number
5210-005-020
Land Assessment
$217,239
Improvements Assessment
$115,854
Total Assessment
$333,093
  • Listing ID: 25925443

  • Date on Market: 6/13/2022

  • Last Updated:

  • Address: 1819 Workman St, Los Angeles, CA 90031

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