Home | Los Angeles County | Los Angeles | 90031 | 2232 2232 Workman
MLS: CROC26080663 | Status: | Price: $1,628,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 9,980 | 1890 |
Rare value-add opportunity in Lincoln Heights featuring a 5-unit property with significant vacancy, allowing a new owner to establish market rents from day one and implement a tailored lease-up strategy. Current income reflects existing vacancy, offering a clear path to repositioning and increased returns over time. Property consists of a desirable unit mix including multiple 2-bedroom units and one 3-bedroom unit, appealing to a broad tenant base. Vacancy provides operational flexibility, with no widespread tenant displacement required; one unit may require relocation depending on the buyer’s plan. All units are separately metered for gas and electricity, with a single water meter for the property, supporting efficient management and expense control. Market rent potential supports meaningful upside upon stabilization, making this an ideal opportunity for investors seeking a value-add, lease-up play with long-term income growth.
| Field | Value |
|---|---|
| MLS # | CROC26080663 |
| MLS Source | California Regional MLS |
| Days on Site | 15 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Cooling | None |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Clayton Tom
Act Realty Group
License #: 01707471
Phone: (323) 481-0691
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | – |
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This listing information is up-to-date as of April 28, 2026. For the most current information, please contact Clayton Tom, (323) 481-0691.