2232 Workman Los Angeles, CA 90031
9,979 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26080663
HOA Y/N No
Year Built 1890
Lot Size 9,979 Sqft
Property Sub-Type Apartment
Property Description
Property consists of a desirable unit mix including multiple 2-bedroom units and one 3-bedroom unit, appealing to a broad tenant base. Vacancy provides operational flexibility, with no widespread tenant displacement required; one unit may require relocation depending on the buyer's plan.
All units are separately metered for gas and electricity, with a single water meter for the property, supporting efficient management and expense control.
Market rent potential supports meaningful upside upon stabilization, making this an ideal opportunity for investors seeking a value-add, lease-up play with long-term income growth.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Heating Central
Cooling None
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Fence Average Condition
Pool None
Community Features Urban
Roof Type Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5204017013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® | License ID: 02046953