$390,000
SOLD OCT 24, 2024

1857 Workman St Los Angeles, CA 90031

Lincoln Heights Neighborhood
2 Beds
2 Baths
1,496 Sq Ft
7,502 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

0 Day on Market

About This Home

As of October 2024

Duplex located in Lincoln Heights neighborhood of the big city of Los Angeles. This property features two separate 1 bedroom 1 bathroom units. Property needs a lot of work but perfect for the long term investor who is willing to fix the property up and manage the rentals. Won't last, don't wait and call today.

Last Agent to Sell the Property

GARY NICKELS

KELLER WILLIAMS REALTY Brokerage Phone: 9512270068 License #02059145 Listed on: 10/23/2024

KELLER WILLIAMS REALTY

Co-Listed By

John Fox

KELLER WILLIAMS REALTY Brokerage Phone: 9512270068 License #02083482

Last Buyer's Agent

GARY NICKELS

KELLER WILLIAMS REALTY Brokerage Phone: 9512270068 License #02059145 Listed on: 10/23/2024

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1914

Lot Details

  • 7,502 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Listing and Financial Details

  • Legal Lot and Block 7 / 11
  • Tax Tract Number 199
  • Assessor Parcel Number 5210005006
  • $430 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,153

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Price Per Unit: 195000
  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5210005006
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 260.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7502.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 1999.00
  • Tax Lot: 7
  • Tax Tract Number: 199...
  • TaxOtherAnnualAssessmentAmount: 430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Oct 15, 2024
Sold by
Bear Flag Homes Llc
Bought by
1857 Workman Llc
Seller's Agent
GARY NICKELS
KELLER WILLIAMS REALTY
Buyer's Agent
GARY NICKELS
KELLER WILLIAMS REALTY
List Price
$390,000
Sold Price
$390,000
Views
3
Current Estimated Value
$640,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,759
Avg. Annual Appreciation
5.44%
Original Mortgage
$555,300
Outstanding Balance
$550,412
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$141,371

Purchase Details

Listed on
Oct 23, 2024
Closed on
Oct 8, 2024
Sold by
Riboli Investments Inc
Bought by
Bear Flag Homes Llc
Seller's Agent
GARY NICKELS
KELLER WILLIAMS REALTY
Buyer's Agent
GARY NICKELS
KELLER WILLIAMS REALTY
List Price
$390,000
Sold Price
$390,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,300
Outstanding Balance
$550,412
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
-$141,371
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $617,500 Lawyers Title Company
Grant Deed $390,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $555,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $390,000 0.0% $261 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $390,000 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,153 $617,050 $492,050 $125,000
2024 $1,153 $60,264 $47,318 $12,946
2023 $1,139 $59,084 $46,391 $12,693
2022 $1,099 $57,927 $45,482 $12,445
2021 $1,080 $56,792 $44,591 $12,201
2020 $1,084 $56,210 $44,134 $12,076
2019 $1,057 $55,109 $43,269 $11,840
2018 $892 $54,029 $42,421 $11,608
2016 $838 $51,933 $40,775 $11,158
2015 $829 $51,154 $40,163 $10,991
2014 $847 $50,153 $39,377 $10,776
Source: Public Records

Agents Affiliated with this Home

  • GARY NICKELS

    Seller's Agent in 2024

    GARY NICKELS

    KELLER WILLIAMS REALTY

    (951) 227-0068

    2 in this area

    40 Total Sales

    GARY NICKELS
    Section Image
  • John Fox

    Seller Co-Listing Agent in 2024

    John Fox

    KELLER WILLIAMS REALTY

    (909) 969-4868

    2 in this area

    67 Total Sales

    John Fox
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24219547

California Regional Multiple Listing Service (CRMLS)

APN: 5210-005-006

California Los Angeles County Los Angeles 90031 Lincoln Heights

1857 Workman St, Los Angeles, CA

This home is located at 1857 Workman St, Los Angeles, CA 90031 and is currently priced at $390,000, approximately $260 per square foot. This property was built in 1914. 1857 Workman St is a home located in Los Angeles County with nearby schools including Griffin Avenue Elementary School, Florence Nightingale Middle, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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