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$ 1,300,000
Est. payment /mo
Active
1909 Johnston Street Los Angeles, CA 90031
3,870 SqFt
UPDATED:
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

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Listed by Shaya Braverman • Keller Williams Beverly Hills