Los Angeles, CA 90031,1909 Johnston Street
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Los Angeles, CA 90031,1909 Johnston Street
Los Angeles, CA 90031,1909 Johnston Street
Los Angeles, CA 90031,1909 Johnston Street
Los Angeles, CA 90031,1909 Johnston Street
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1909 Johnston Street Los Angeles, CA 90031

3,870 SqFt


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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $335

MLS Listing ID CL25541719

HOA Y/N No

Year Built 1926

Lot Size 8,972 Sqft

Acres 0.21

Property Sub-Type Other

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

Zoning LACM

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 5210017021


Bridge MLS
Listed by Shaya Braverman • Keller Williams Beverly Hills
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1909 Johnston Street