2232 2232 Workman, Los Angeles, CA 90031

Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
2232 2232 Workman,Los Angeles, CA 90031
$1,688,000
  • - Beds
  • - Baths
  • 4,161 sq. ft.
  • Multi-family
  • Active
Listed by: clayton tom
Office: act realty group
MLS#:OC25240373
Source:CRMLS

Price summary

  • Price:$1,688,000
  • Price per sq. ft.:$405.67

About this home

Rare five-unit investment in Lincoln Heights! 2232–2234 Workman Street features a desirable two-building configuration on a deep rectangular 9,980 sq ft lot (LARD1.5 zoning). The property consists of five total units — one (1) 3-bedroom, 2-bath, and four (4) 2-bedroom, 1-bath units — totaling approximately 4,160 sq ft. Built in 1921, the buildings combine classic architecture with solid rental fundamentals. The rear two-story structure (2234) includes a spacious 3-bedroom, 2-bath unit on the ground floor and two 2-bedroom, 1-bath units above. The front building facing Workman Street (2232 & 2232 1/2) features two 2-bedroom, 1-bath units, each with separate entries. Based on pro-forma numbers, the property can yield a 5% cap rate at market rents. This allows for immediate upside as units transition to market rents. The large, deep lot with LARD1.5 zoning may offer future ADU or redevelopment potential (buyer to verify with the City). Excellent location: minutes

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Home facts

  • Year built:1890
  • Listing ID #:OC25240373
  • Added:46 day(s) ago
  • Updated:December 01, 2025 at 11:26 AM

Rooms and interior

  • Living area:4,161 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1890
  • Building area:4,161 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,688,000
  • Price per sq. ft.:$405.67
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