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2232-2232 Workman, Los Angeles, CA 90031

Los Angeles
Local realty services provided by:CENTURY 21 Masters
2232-2232 Workman,Los Angeles, CA 90031
$1,628,000
  • 9 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: clayton tom
Office: act realty group
MLS#:OC26080663
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,628,000

About this home

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 buyers 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.

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Home facts

  • Listing ID #:OC26080663
  • Added:290 day(s) ago
  • Updated:August 02, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:5

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,628,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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