Los Angeles, CA 90031,1909 Johnston St
Los Angeles, CA 90031,1909 Johnston St
Los Angeles, CA 90031,1909 Johnston St
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$1,300,000
Est. payment /mo
8 Beds
8 Baths
3,870 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $335

MLS Listing ID 25541719

Bedrooms 8

Year Built 1926

Lot Size 8,972 Sqft

Acres 0.0842

Property Sub-Type Multi-Family

Property Description

Here's the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it's hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.

Location

State CA

County Los Angeles

Area Lincoln Heights

Zoning LACM

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Refrigerator, Range/Oven

Exterior

Parking Features None

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Keller Williams Beverly Hills
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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