1842 Workman St
Los Angeles, CA 90031

Bd   — Ba   7,330 Sqft
We are pleased to exclusively offer for sale this 11 + 1 n/c unit multi family investment in the gentrifying area of Lincoln Heights just north of Downtown Los Angeles. The subject property is comprised of 4 single story units which were constructed in 1924 and 7 + 1 n/c units in a two-story structure constructed in 1930. The property is situated on a spacious lot measuring 7,330 square feet. Please note that per the assessor the legal unit count is 11 but the property is currently operating as 12 units. Buyer to conduct their own investigation.
  • Neighborhood: Lincoln Heights
  • Days on Movoto: 179
  • Year Built: 1924
  • HOA: $0 HOA
  • $/Sqft: $168
  • Lot: 9,098 Sqft
  • Property Type: Multi Family
  • MLS#: 16159774
  • MLS:
  • Listing Office: Remax Commercial and Investmen
  • Listed By: Shant Sherbetdjian
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 2 months ago
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Property History

Status
Date
Price
Sold
Mar 3, 2017
$1,230,000
Pending
Dec 10, 2016
Listed
Oct 20, 2016
Active Under Contract
Oct 14, 2016
Listed
Sep 5, 2016
$1,450,000
#16159774
As of today, there are 12 properties listed for sale in ZIP code 90031 and 2,014 properties listed for sale in the city of Los Angeles, CA. This property at 1842 Workman St in 90031 was last listed for $1,230,000. This is 24% above the current $989,950 median price for Los Angeles and 80% above the median of $684,500 for 90031. Of the 2,014 properties for sale in Los Angeles, 1,415 are single family homes and 599 are condos. 1842 Workman St is a multi family home that is approximately 7,330 square feet, 328% above the Los Angeles median of 1,713 and 362% above the 90031 ZIP code median of 1,587. The price per square foot was $168 which is 59% below the current median price in 90031 of $406 and 73% below the Los Angeles median of $615 per square foot.
Built in 1924, this multi family house at 1842 Workman St, Los Angeles CA, 90031 is approximately 7,330 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $168. 1842 Workman St is located in the Lincoln Heights neighborhood in the Los Angeles Unified School District. The closest school is Griffin Avenue Elementary School.

1842 Workman St, Los Angeles CA, 90031 was on the market for 179 days. The median days on the market for properties in this area is 36 with a median list price of $989,950 and median cost per square foot of $615. Its current status is sold under the MLS #16159774.

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