2232 2232 Workman, Los Angeles, CA 90031

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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:1 day(s) ago
  • Updated:October 15, 2025 at 11:28 PM

Rooms and interior

  • Living area:4,161 sq. ft.

Heating and cooling

  • Heating:Central Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of October 16, 2025 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.