Listed By:
Anita Wong with Re/Max Premier Prop Arcadia;
Address
1927 Johnston Street, Los Angeles, CA
Price
$ 1,799,000
Property Attributes
  • MLS#AR23181234
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLincoln Hts
  • Zip90031
  • StyleTriplex
  • Price$ 1,799,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3394
  • Lot Size7,044 SqFt
Data Source:
California Regional MLS (CRMLS)
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. It’s 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. Don’t miss this opportunity!

Price History
9/30/2023 Listed $1,838,000
11/29/2023 3% - $1,799,000

General Features

Interior Features CeilingFans,GraniteCounters
Sewer PublicSewer
Heating Central
Cooling CentralAir,WallWindowUnits
Utilities ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable
Roof Shingle
Appliances GasRange
Zoning LARD2
Garage Spaces 0.0
Pool Features None
Security Features CarbonMonoxideDetectors,SecurityGate,SmokeDetectors
Year Built 1907
Tenant Pays AllUtilities
Stories 1
Levels One,Two
Property SubType Triplex
Gross Income 107800.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 107800.0
Operating Expense 5000.0
Insurance Expense 4500.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Contingency Offer subject to seller find a 1031 Exchange replacement property.
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions Main street and Griffin Ave
City Los Angeles
Entry Location 1
View Y/N No
Senior Community Y/N No
Open Parking Spaces 2.0
Total Units 3
MLS Area 677 - Lincoln Hts
Lot Size Square Feet 7045.0
Private Pool No
Waterfront Y/N No
Carport Spaces 4.0
Carport Y/N Yes
Number of Units Leased 3
Street Name Johnston
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 500.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 92
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Triplex
Expected Active Date 2023-09-30
MobileHomeRemainsYN No

Interior Features

Flooring Laminate,Tile,Wood
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features LaundryRoom
Entry Level 1
Electric On Property Y/N No

Exterior Features

Fencing Block
Parking Features AttachedCarport,Covered,Gated,OnSite
Lot Features FrontYard
Water Source Public
Total Parking 6.0
Lot Size Area 7045.0
Foundation Details Raised,Slab
Number of Buildings 2
Spa No
Building Area Total 3394.0
Lot Size Acres 0.1617
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90031

Price
AVG $1.25M
$1.8M
Visits
AVG 79
160
Data Provided by Inside Real Estate®
Year Built
AVG 1922
1907