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Listed by William Bingley, DRE #01940351 • William Bingley, Broker
$ 1,649,000
Est. payment /mo
Price Dropped by $100K
2325 Johnston ST Los Angeles, CA 90031
9,919 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26053622
Year Built 1963
Lot Size 9,919 Sqft
Source California Regional MLS
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!
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Heating Wall Furnace
Cooling None
Laundry Laundry Area
Exterior
Parking Features Assigned Spaces, Other
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5204024011
Special Listing Condition Not Applicable
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