2325 Johnston Street, Los Angeles, California, United States, 90031

1,649,000
for Sale
9,919

About the property:

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!
Property Type:
Apartment
Status:
for Sale
Acres:
0.2277
Square Feet:
4548
Directions:
From the 110 Fwy, exit Ave 26, head east, then turn right on Johnston St. Property will be on the left.
Is Art:
Yes
Is Apartment:
Yes
Is Bed:
Yes
Is Building:
Yes
Is I C I:
Yes
Is Investment:
Yes
Is Multi Family:
Yes
Is Unit:
Yes
Listing ID:
OC26053622

Rooms

Dimensions

Brokered by:
William Bingley, Broker
Presented By:

Roselia Pena Iniguez

REALTOR/Loan Originator

Source Funding