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2232 Workman, Los Angeles, CA 90031

Local realty services provided by:CENTURY 21 Affiliated
2232 Workman,Los Angeles, CA 90031
$1,688,000
  • 9 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: clayton tom
Office: act realty group
MLS#:OC25240373
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,688,000

About this home

Rare five-unit investment in Lincoln Heights! 22322234 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 from Downtown LA,

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Home facts

  • Listing ID #:OC25240373
  • Added:58 day(s) ago
  • Updated:December 13, 2025 at 03:01 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,688,000
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