3 months on rocket

1923 Workman St, Lincoln Heights, CA, 90031

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1923 Workman St, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1918
MLS #WS24006842
Lot Size0.23 Acres
StatusActive

About 1923 Workman St

This triplex has a total 3,372 SqFt., sits on a large lot of 9900 Sf., located at the heart of Lincoln Heights, minutes to downtown LA. It's conveniently close to all, near schools, parks, minutes from Downtown Los Angeles, USC and medical center, easy access to 5, 10, 101 freeways. There are 3 individual buildings with their own street numbers, #1923, #1923 1/2 and #1927. The front unit is a 2-story, 4 bedroom 2 baths single family house with 2 electric meters, completely remodeled with fresh paint, new windows and new blinds, new copper piping in the entire house, all new appliances, upgraded kitchen with all new cabinets, Quartz countertops, laminate flooring throughout, and has its own laundry room, with move-in condition at the front unit. Another 2 units, two separate buildings, each unit has 2 Bedrooms, 1 bath, one is with enclosed back yard. In 2016, both units replaced the carpet, and also the sink and vanity. Cement driveway and back yard, provide more parking spaces. There's large empty lot at the front left side, possibly to build an ADU or other use.. Please check with LA city for the code use information. It's perfect for owners to live in one and get income from renting out the other 2 units. Enclosed some virtually staged photos for your reference. The front house is also for lease at $3700/month, multiple applications received currently. Please check out MLS for lease information. High rental demand area, great opportunity for the investors. Must see to appreciate.

Property Details

Property Features

Property Information:

  • Year Built: 1918
  • Stories: 2

Listing Office:

  • Office Name: TREELANE REALTY GRP, INC.
  • Office Phone: (626) 625-5034
  • Listing Agent: KINNY LIN

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Griffin Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: North of Main street; East of Fwy 5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1923 Workman St vs Los Angeles

107 DAYS ON ROCKET

+73 Days

$1,500,000

+$524K More

KEY TAKEAWAY

This property is $524K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24006842

Listing Office:

  • Office Name: TREELANE REALTY GRP, INC.
  • Office Phone: (626) 625-5034
  • Listing Agent: KINNY LIN

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$7,554

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1876587
5
/10

  • Griffin Avenue Elementary School

  • 2025 Griffin Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-1876588
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.59 miles

  • Public Magnet Grades KG-6

school-card-donut-1876589
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.75 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1876590
4
/10

  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 1.47 miles

  • Public District Grades 6-8

school-card-donut-1876591
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.90 miles

  • Public District Grades 6-8

High School

school-card-donut-1876592
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 0.82 miles

  • Public Magnet Grades 9-12

school-card-donut-1876593
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 1.63 miles

  • Public Magnet Grades 9-12

school-card-donut-1876594
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.03 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,633. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90031›1923 Workman St

This home is located at 1923 Workman St in Lincoln Heights, CA and zip code 90031 in the Lincoln Heights neighborhood. This home, which was built in 1918, sits on a 0.23 acre lot. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $1,500,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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