2232 Workman
Los Angeles, CA 90031
0
Bed
0
Bath
4,161Sqft
9,980Sqft(Lot)
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 buyer’s 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 support
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Composition -
Cooling Features
None Air ConditioningHeating Source
Central Has Heating
-
Building Information
Year Built: 1890 Building Area Total: 4,161 Roof: Composition -
Security Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Pool Features
NoneLaundry Features
Common Area,Electric Dryer Hookup,Gas Dryer Hookup,InsideFencing
Average Condition
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2291 -
Lot Size Source: Public Records Lot Size Square Feet: 9980
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Listing Price Information
Original List Price: 1,628,000 Listing Contract Date: 2026-04-14 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5204017013
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Other Property Info
Source Listing Status: Active Source Neighborhood: 677 - Lincoln Hts Directions: 5 fwy, exit main st, left turn on Daly, r/t @ Vallejo and l/t at Workman st. Source Property Type: Residential Income Area: 677 - Lincoln Hts Property SubType: Apartment -
Building and Construction
Property Age: 136 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 610 Montecito Drive, Los Angeles, CA, 90031 | $1,700,000 | 5 | 5 | 2,883 | 2,883 SqFt |
| 728 Montecito Drive, Los Angeles, CA, 90031 | $1,575,000 | 5 | 3 | 3,036 | 3,036 SqFt |
| 600 Montecito, Los Angeles, CA, 90031 | $1,200,000 | 3 | 3 | 2,300 | 2,300 SqFt |
| 4124 Mercury Avenue, Los Angeles, CA, 90031 | $689,000 | 3 | 2 | 1,296 | 1,296 SqFt |
| 1088 Montecito Drive, Los Angeles, CA, 90031 | $899,000 | 2 | 1 | 1,071 | 1,071 SqFt |
| 4202 Latona Avenue, Los Angeles, CA, 90031 | $1,699,000 | 8 | 6 | 1,849 | 1,849 SqFt |
| 3680 Rolle, Los Angeles, CA, 90031 | $840,000 | 3 | 2 | 1,632 | 1,632 SqFt |
| 3933 Berenice Place, Los Angeles, CA, 90031 | $1,095,000 | 3 | 2 | 1,378 | 1,378 SqFt |
| 3928 Berenice Avenue, Los Angeles, CA, 90031 | $1,079,000 | 2 | 1 | 1,283 | 1,283 SqFt |
| 124 E Avenue 44, Los Angeles, CA, 90031 | $479,700 | 2 | 1 | 838 | 838 SqFt |
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ByOwner last updated this listing 06/09/2026 @ 09:41
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