NOT LISTED FOR SALE

2808 Workman St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $1,291,278 - $1,381,000

8 Beds
6 Baths
3,672 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $1,115,000 $304 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,731/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Abraham Lincoln High School Rated A
  • 3 Car Garage

About This Home

As of May 2021

Welcome to Los Angeles! Location, Location, Location. Your future investment property awaits with so much to offer. The Lincoln Heights Neighborhood near Downtown LA, Pasadena, Elysian park-Dodger Stadium. This Multi-Unit boost with ample space sitting in a lot over 9,000 sq. ft. property offers lush greenery and has over 4,000+ sq. ft. of living space. This property features 6 units, 4 mixed used apartment units and a stand alone duplex that includes garaged parking for up to 4 cars and alley access, a perfect selling point for potential tenants as well as potential additional income for the buyer.***One Unit Vacant 2 Bed/1 Bath Laundry Hook Ups Sun Room etc.***Garages are all Vacant*** Active looking for Backup.

Last Agent to Sell the Property

Maria Sarmiento

Keller Williams Sierra Madre License #01837686 Listed on: 03/26/2021

Keller Williams Sierra Madre

Last Buyer's Agent

Stephanie Vargas

Keller Williams License #02081612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,327

Year Built

  • Built in 1910

Lot Details

  • 9,215

Parking

  • 3 Car Garage

Home Design

  • 3,672 Sq Ft Home
  • Traditional Architecture
  • Split Level Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry in unit
  • 9,215 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5206-003-007

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,327

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Building Permit: No
  • Living Area: 3672
  • Lot Acreage: 0.2115
  • Year Built: 1910
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 319.99

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Water District: DWP
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 34.46
  • Assessed Improvement Value: 124266
  • Assessed Land Percent: 65.54
  • Assessed Land Value: 236385
  • Total Assessed Value: 360651
  • Assessor Parcel Number: 5206-003-007
  • Lot Size Area: 9215

Rental Info

  • Land Lease Type: Month to Month
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 96277.00
  • Number Of Units: 6
  • Total Annual Expense: 31653
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 1

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 30, 2021
Sold by
Maleskey Guadalupe Susana and Miles El Guadalupe
Bought by
Geriach Timothy Charles and Geriach Elizabeth Jane
Seller's Agent
Maria Sarmiento
Keller Williams Sierra Madre
Buyer's Agent
Stephanie Vargas
Keller Williams
List Price
$1,175,000
Sold Price
$1,115,000
Premium/Discount to List
-$60,000
-5.11%
Current Estimated Value
$1,349,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,661
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Miles El Guadalupe Susana
Bought by
Miles El Guadalupe Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2002
Sold by
Ngo Cuong A
Bought by
Milles El Guadalupe Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
6.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 1999
Sold by
Trust Sanchez Jose A And Erlinda Trs San
Bought by
Ngo Cuong A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
8.26%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Geriach Timothy Charles $1,115,000 Wfg National Title Company
Maleskey Guadalupe Susana -- Wfg National Title Company
Miles El Guadalupe Susana -- Commonwealth Title
Milles El Guadalupe Susana $267,000 Lawyers Title Company
Ngo Cuong A -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach Timothy Charles $550,000
Previous Owner Miles El Guadalupe Susana $360,000
Previous Owner Miles El Guadalupe Susana $25,000
Previous Owner Miles El Guadalupe Susana $230,000
Previous Owner Milles El Guadalupe Susana $200,250
Previous Owner Ngo Cuong A $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $1,115,000 -5.1% $304 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,175,000 -- $320 / Sq Ft
Source: The MLS

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 $15,327 $1,206,910 $649,458 $557,452
2024 $15,327 $1,183,246 $636,724 $546,522
2023 $15,045 $1,160,046 $624,240 $535,806
2022 $14,377 $1,137,300 $612,000 $525,300
2021 $5,286 $364,386 $238,833 $125,553
2020 $5,324 $360,651 $236,385 $124,266
2019 $5,150 $353,580 $231,750 $121,830
2018 $5,033 $346,648 $227,206 $119,442
2016 $4,738 $333,188 $218,384 $114,804
2015 $4,679 $328,184 $215,104 $113,080
2014 $4,724 $321,756 $210,891 $110,865
Source: Public Records

Agents Affiliated with this Home

  • Maria Sarmiento

    Seller's Agent in 2021

    Maria Sarmiento

    Keller Williams Sierra Madre

    (833) 832-6770

    1 in this area

    165 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Stephanie Vargas

    Keller Williams

See All Agents

Map

Source: The MLS

MLS Number: 21-711218

The MLS

APN: 5206-003-007

California Los Angeles County Los Angeles 90031 Lincoln Heights

2808 Workman St, Los Angeles, CA

This home is located at 2808 Workman St, Los Angeles, CA 90031 since 26 March 2021 and is currently estimated at $1,336,139, approximately $363 per square foot. This property was built in 1910. 2808 Workman St is a home located in Los Angeles County with nearby schools including Hillside Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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