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1927 Johnston Street

Los Angeles (City), CA 90031
  • $1,799,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: AR23181234
Price Reduced
UPDATED: 31 min ago
$1,799,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Ratings & Info

Listing Agent(s): Anita Wong of Re/Max Premier Prop Arcadia (626-229-2200)


Description

Gated triplex with total 3,394 sf sits on a large lot of 7,045 Sf. located at the heart of Lincoln Heights. All units with 3 bedrooms and 2 bathrooms. County record shows 8 bedrooms and 5 bathrooms. Newly remodeled front unit is a one-story single-family house with its own laundry room and parking spaces in move-in condition. Two (2) back units built in year 2011 with 4 covered carports. Its possibly to build an ADU. Please check with LA city for the information. Each unit with individual water/gas/electric meters. High rental demand area, great opportunity for the investors. It's perfect for owners to live in one and get income from renting out the other 2 units. Minutes to USC Medical Campus, Keck Hospital of USC, Downtown LA, public transportation, easy access to major freeways and Dodger Stadium. Walking distance to schools. Dont miss this opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143952098
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1927 Johnston Street Los Angeles (City), CA 90031

  • Price: $1,799,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 31 min ago
  • ID#: AR23181234
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1907
Built
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
Gated triplex with total 3,394 sf sits on a large lot of 7,045 Sf. located at the heart of Lincoln Heights. All units with 3 bedrooms and 2 bathrooms. County record shows 8 bedrooms and 5 bathrooms. Newly remodeled front unit is a one-story single-family house with its own laundry room and parking spaces in move-in condition. Two (2) back units built in year 2011 with 4 covered carports. Its possibly to build an ADU. Please check with LA city for the information. Each unit with individual water/gas/electric meters. High rental demand area, great opportunity for the investors. It's perfect for owners to live in one and get income from renting out the other 2 units. Minutes to USC Medical Campus, Keck Hospital of USC, Downtown LA, public transportation, easy access to major freeways and Dodger Stadium. Walking distance to schools. Dont miss this opportunity!
Exterior Features

Carport Spaces 4 Carport YN Yes Entry Level 1 Entry Location 1 Fencing Block Foundation Details RaisedSlab Lot Features Front Yard Number Of Separate Electric Meters 3 Open Parking Spaces 2 Parking Features Attached CarportCoveredGatedOn Site Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

Interior Features

Appliances Gas Range Common Walls 1 Common Wall Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTileWood Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Granite Counters

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Contingency Offer subject to seller find a "1031 Exchange" replacement property. Electric Expense 500 Fuel Expense 0 Garage YN No Gross Income 107800 Gross Scheduled Income 112800 Insurance Expense 4500 Land Lease YN No Laundry Features Laundry Room Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 107800 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Operating Expense 5000 Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Security GateSmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Sewer Expense 0 Water Source Public Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Anita Wong of Re/Max Premier Prop Arcadia (626-229-2200)