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Sold for $799,000
  • Listed by: Pinnacle Estate Properties • Linda Gonzalez • Contact: 818-993-7370
    Bought with: Blackrock Inv & Finance
    $799,000

    2601 Johnston St, Los Angeles, CA 90031

    2beds
    2baths
    1,908sqft
    Duplex
    Built in 1923
    -- sqft lot
    $791,100 Zestimate®
    $419/sqft
    $2,060 Estimated rent

    Home value

    $791,100

    $712,000 - $878,000

    $2,060/mo

    Zestimate® history
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    What's special

    Large lotTwo identical unitsKitchen has many cabinetsDining areaLarge open areaIndoor laundry room
    Investors this is a great opportunity to own a nice Duplex in the up-and-coming area of Lincoln Heights with a very large lot creating the possibility of building one or two ADU's which could significantly increase the rental income Specially with the LARD3 Zoning which designates the area for limited multiple residences, allowing for higher density residential development like townhouses, duplexes or small apartment buildings. Please always check with the city. It also provides the possibility for the buyer to live in one unit and rent the other to offset their monthly mortgage. With a little TLC it can really bring out its full charm. This property falls under the Los Angeles City Rent Stabilization Ordinance (RSO) which regulates rents and evictions of properties built prior to October 1, 1978. Buyers are adviced to do their own due diligence regarding RSO guidelines and requirements with the Los Angeles Housing Department. There are two identical units side by side with flexible layouts both offering a formal living room, large open area which could be used as a second bedroom since there is a closet or a dining room and or office/den, 1 bedroom, 1-bathroom, indoor laundry room, kitchen has many cabinets and a dining area plus an open spacious hallway with linen closets. Both units have access to directly to the back yard from the laundry room. Properties in these areas are on the rise and often appreciate in value over time, making this a potentially smart choice for long term growth due to its central location near downtown Los Angeles, Dodger Stadium, Griffith Park/Observatory, Close Freeway Access to the 5, 110, 10 making it great for commuters.

    Zillow last checked:

    Listing updated:

    Listed by:

    Linda Gonzalez DRE #00903597 805-231-1737,

    Pinnacle Estate Properties

    Bought with:

    Judy Ha, DRE #01884583

    Blackrock Inv & Finance

    Source: CRMLS,MLS#: SR25061412MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Rooms
    • Room types: Den, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Free-Standing Range, Disposal, Gas Range, Water Heater
    • Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, Laminate Counters
    • Flooring: Tile, Vinyl
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,908
    • Total interior livable area: 1,908 sqft

    Property

    Parking
    • Parking features: Concrete, Driveway Level, Driveway, Deck, Storage
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Stone,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,503 Square Feet
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Landscaped, Level, Yard
    Details
    • Additional structures: Storage
    • Parcel number: 5206009013
    • Zoning: LARD3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1923

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Security: Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $419/sqft
    • Tax assessed value: $425,952
    • Annual tax amount: $5,487
    • Date on market: 3/20/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional
    • Exclusions: Tenant personal property
    • Total actual rent: 2400
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    4/25/2025Sold$799,000$419/sqft
    Source: CRMLS #SR25061412 Report a problem
    4/14/2025Pending sale$799,000$419/sqft
    Source: CRMLS #SR25061412 Report a problem
    4/9/2025Contingent$799,000$419/sqft
    Source: CRMLS #SR25061412 Report a problem
    3/27/2025Pending sale$799,000$419/sqft
    Source: CRMLS #SR25061412 Report a problem
    3/20/2025Listed for sale$799,000$419/sqft
    Source: CRMLS #SR25061412 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,487 +265.8%$425,952 +338.2%
    2024$1,500 +1.6%$97,206 +2%
    2023$1,477 +4.1%$95,301 +2%
    2022$1,419 +2%$93,434 +2%
    2021$1,391 -0.4%$91,603 +1%
    2020$1,397 $90,665 +2%
    2019$1,397 +8.6%$88,888 +2%
    2018$1,286 $87,146 +2%
    2017$1,286 +6.3%$85,438 +2%
    2016$1,210 +4.3%$83,764 +1.5%
    2015$1,160 -0.2%$82,507 +2%
    2014$1,163 $80,892 +2.5%
    2012-- $78,949 +2%
    2011-- $77,402 +0.8%
    2010-- $76,825 -0.2%
    2009-- $77,008 +2%
    2008-- $75,499 +2%
    2007-- $74,020 +2%
    2006-- $72,570
    2005-- $72,570 +4%
    2004-- $69,754 +1.9%
    2003-- $68,477 +2%
    2002-- $67,136 +4%
    2000-- $64,530
    Find assessor info on the county website

    Neighborhood: Lincoln Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $791,100
    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
    $791,100