1909 Johnston ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90031
Key Details
Property 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 8,973 Sqft
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 677 - Lincoln Hts
Zoning LACM
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features None
Building
Story 1
New Construction No
Others
Special Listing Condition Standard