2325 Johnston Street, Los Angeles, CA 90031
- $1,749,000
- List Price
- $1,749,000
- Status
- ACTIVE
- MLS#
- OC26053622
- Year Built
- 1963
- Lot Size
- 9,919
- Acres
- 0.23
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level, Two Levels
Property Description
Exceptional investment opportunity in the heart of vibrant Lincoln Heights! Situated on a generous 9,919 sq ft lot, this six-unit complex offers strong income potential in one of Los Angeles’ most historic and rapidly evolving neighborhoods. The property features a main house with 3 bedrooms and 2 bathroom, along with five additional 1-bedroom, 1-bathroom units, creating multiple streams of rental income. 2 Units will be delivered vacant with Endless Potential! Whether you're looking to expand your real estate portfolio, generate consistent cash flow, or explore future development possibilities, this property presents incredible versatility. Ideally located just minutes from Downtown Los Angeles, residents enjoy convenient access to major freeways, shopping, dining, parks, and the cultural energy that defines Lincoln Heights. The expansive lot size provides potential for investors seeking long-term appreciation or development opportunities (buyer to verify with the city). A rare chance to own a multi-unit, income-producing property in a prime Los Angeles location with both immediate rental potential and future upside.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Tile Counters, Track Lighting
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $45,000
- Operating Expense
- 7600
Listing courtesy of Listing Agent: William Bingley (westliferealty@yahoo.com) from Listing Office: William Bingley, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.