2325 Johnston Street, Los Angeles, CA 90031

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Listing courtesy of Listing Agent: William Bingley (westliferealty@yahoo.com) from Listing Office: William Bingley, Broker.

List Price
$1,649,000
Status
ACTIVE
Days on Market
83
Price Change
▼ $100,000 1792021347
MLS#
OC26053622
Subtype
Residential Income
Year Built
1963
Lot Size
9,919
Acres
0.23
MLS Area Major
Lincoln Hts (677)

Property Description

Now offered at $1,649,000! this multifamily property presents an opportunity to acquire six income-producing units in historic Lincoln Heights, just minutes from Downtown Los Angeles. Situated on an approximately 9,919-square-foot lot, this multi-family property offers approximately 4,548 square feet of building area, featuring a three-bedroom main residence and five additional one-bedroom, one-bathroom units. With existing rental income, two units anticipated to be delivered vacant, and potential for future rental growth or development (buyer to verify with the city), this property offers flexibility and long-term investment potential. Conveniently located near major freeways, dining, and neighborhood amenities, it's an ideal opportunity for investors looking to expand their portfolio in a desirable Los Angeles location. Six Units, a generous lot size, and an improved price!

Additional Information

Interior Features
Tile Counters, Track Lighting
Flooring
Carpet
Heating
Wall Furnace
Stories
One Level, Two Levels
Levels
One, Two
Pool Type
None
Parking Features
Assigned, Concrete, Driveway, Paved

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.