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Sold for $1,075,000
  • Listed by: IRN REALTY • ERIC LARA • Contact: 424-303-1000
    Bought with: Drona Realty & Mortgages
    $1,075,000

    1931 Workman St, Los Angeles, CA 90031

    8beds
    --baths
    3,464sqft
    Mixed Use
    Built in 1902
    -- sqft lot
    $1,034,300 Zestimate®
    $310/sqft
    $2,009 Estimated rent

    Home value

    $1,034,300

    $900,000 - $1.17M

    $2,009/mo

    Zestimate® history
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    What's special

    TWO UNITS, one on the front and one on the back .ATTENTION INVESTORS OPPORTUNITY ZONED LARD2. Residential income opportunity conveniently located a few blocks from the 5 Freeway and cross street of North Main Street, a few minutes away from Downtown Los Angeles. 2 separate structures one is ( 1933 Workman Street, parcel number 5210004013) a commercial unit in front of the street currently generating a monthly income of 3000 a month approximately, commercial property is fully equipped with 1696 SqFt and capacity for 150 people, men and women restrooms, office, storage, training room and multiple adjacent rooms (IDEAL FOR SOBER and LIVING FACILITIES) and one residential unit in the back that has three bedrooms and one bathroom currently rented for approximately 2200 a month. Property has a flat parking lot for about six vehicles space. Each lot has a separate parcel number that convince a total of 9,900 square feet. PROPERTY IS TO BE SOLD TOGETHER 2 STRUCTURES ON PROPERTY (1931 WORMAN STREET and 1933 WORKMAN STREET) "BOTH PROPERTIES TO BE SOLD TOGETHER for the total of $ 1,100,000.00." Agents representing the buyers, and buyers to conduct their own property investigation to satisfy themselves.

    Zillow last checked:

    Listing updated:

    Listed by:

    ERIC LARA DRE #01496744 424-303-1000,

    IRN REALTY

    Bought with:

    Manish Drona, DRE #01923188

    Drona Realty & Mortgages

    Source: CRMLS,MLS#: WS23109645MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Rooms
    • Room types: Bedroom, Entry/Foyer
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Electric Oven, Electric Range, Gas Range, Microwave
    • Laundry: None
    Features
    • All Bedrooms Down
    • Flooring: Carpet
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,464
    • Total interior livable area: 3,464 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Electric Gate
    • Garage spaces: 1
    • Uncovered spaces: 6
    Accessibility
    • Accessibility features: Parking, Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: None
    • Fencing: Wrought Iron
    Lot
    • Size: 7,495 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Additional parcels included: 5204004013
    • Parcel number: 5210004014
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Materials
    • Stucco
    • Roof: Asbestos Shingle
    Condition
    • New construction: No
    • Year built: 1902

    Utilities & green energy

    • Electric: 220 Volts in Kitchen
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Security Gate
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $310/sqft
    • Tax assessed value: $821,100
    • Annual tax amount: $10,239
    • Date on market: 6/20/2023
    • Cumulative days on market: 56 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    8/28/2023Sold$1,075,000$310/sqft
    Source: CRMLS #WS23109645 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,239 +1%$821,100 +2%
    2024$10,138 +234%$805,000 +278%
    2023$3,035 +4.4%$212,972 +2%
    2022$2,908 +1.4%$208,797 +2%
    2021$2,867 -0.8%$204,704 +1%
    2020$2,889 $202,606 +2%
    2019$2,889 +10.3%$198,634 +2%
    2018$2,620 $194,740 +2%
    2017$2,620 +2.2%$190,923 +2%
    2016$2,564 +2.9%$187,181 +1.5%
    2015$2,491 $184,370 +4.5%
    2012-- $176,416
    Find assessor info on the county website

    Neighborhood: Lincoln Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,034,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,034,300