Property Details
About this Property
First time on the market property! Priced only at $335 per sq ft and $270,000 per unit with no RSO. This five-unit building consists of eleven beds and five baths in Lincoln Heights neighborhood, totalling 4,032 sq ft. Great location next to Chinatown, Art District, and many freeways (110 fwy, 5 fwy, 2 fwy, 101 fwy). There is a mix of four 2-bed 1-bath units and one 3-bed 2-bath unit. Two units have been completely renovated with new electric, plumbing, and cooling units, with new kitchens and bathrooms. The building was just painted for curb appeal. There are upside rents with three of the under-market units. Since the building was built in 1980, it is not under RSO, so rents can be caught up to market sooner. The property is on a large lot of 7789 square feet with RD-1 zoning. This allows for additional development opportunities in the future. Based on zoning, owners can add up to 4 more units on existing (but please verify with the city). Another cheaper alternative is adding an ADU by utilizing the six parking spaces under the building. The property is close to many new restaurants in Chinatown, Los Angeles State Historical Park, Dodger Stadium, San Antonio Winery, Elysium Park, Keck USC Hospital, and many other attractions, making it a great investment opportunity for ow
MLS Listing Information
MLS #
CRWS25165151
MLS Source
California Regional MLS
Days on Site
28
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 6 Car(s)
Contact Information
Listing Agent
EDMOND WU
LANDMARK LENDING REALTY
License #: 01373930
Phone: (626) 353-8088
Co-Listing Agent
Benjamin Shih
License #: 02042103
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1926 N Johnston St is a Residential Income in Los Angeles, CA 90031. This – square foot property sits on a 7,789 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,389,000 and was built in 1980. This address can also be written as 1926 N Johnston St, Los Angeles, CA 90031.
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This listing information is up-to-date as of July 26, 2025. For the most current information, please contact EDMOND WU, (626) 353-8088
