2432 Workman Street

Lincoln Heights, CA 90031

$1,050,000
Price
7
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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...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.
  1. Listed by KINNY LIN • DRE #01244019 • Brokerage DRE #02064497 • TREELANE REALTY GRP, INC.

Property Details for 2432 Workman Street

City Postal ID
LOS ANGELES (90031)

Location

Listing Courtesy of TREELANE REALTY GRP, INC., KINNY LIN, DRE #01244019
Add your commute
LISTING UPDATED: 04/25/2024 05:47 AM

Property Details for 2432 Workman Street

StatusActive
MLS #WS23027109
Days on Market435
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.23 AC / 9,896 SF
CountyLos Angeles County

Location

Listing Courtesy of TREELANE REALTY GRP, INC., KINNY LIN, DRE #01244019
Add your commute

Building Information for 2432 Workman Street

Stories-Residences-Year Built-Building Size-Lot Size0.23 AC / 9,896 SF

Payment Calculator

$6,112 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$382

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2432 Workman Street

Summary Information
Property and Location
  • System ID: 305873564
  • Class: 2-4 UNITS
  • Street Number Numeric: 2432
  • Street Name: Workman Street
  • Directions To Property: North of Broadway; West of Griffin Ave
HOA and Fees
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Sidewalks
  • Zoning: Assessor
  • Assessors Parcel Num: 5204015016
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 0
  • Unit 1 Rent Actual: $870
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 0
  • Unit 2 Rent Actual: $1,580
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 0
  • Unit 3 Rent Actual: $560
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 0
  • Unit 4 Rent Actual: $820

Property History for 2432 Workman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2432 Workman Street

Taxable ValueLand$253,873Additions$73,573Total$327,446
Tax Record2023$4,588 ($382 / month)
Home Facts
Total Finished SqFt3,470 SqFtAbove Grade Finished SqFt3,470 SqFtLot Size9,899 SqFtStyleTriplexYear Built1890ZoningLARD2CountyLOS ANGELESAPN5204-015-016

Schools near 2432 Workman Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gates Street Elementary School
PublicK to 5

Los Angeles Leadership Academy
Charter6 to 12

Abraham Lincoln Senior High School
Public9 to 12

Woodrow Wilson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2432 Workman Street is a multi-family home for sale in Lincoln Heights, CA 90031. This property was listed for sale on February 16, 2023 by TREELANE REALTY GRP, INC., it's currently listed at $1,050,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Gates Street Elementary School, Los Angeles Leadership Academy and Abraham Lincoln Senior High School. 2432 Workman Street is a 7-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TREELANE REALTY GRP, INC., KINNY LIN, DRE #01244019

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.