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Property view

2601 Johnston Street, 
Lincoln Heights, CA 90031

$799,000


Bed


Bath


1,908

Sq Ft


Multi-Family

Sold

Listed by

Linda Gonzalez

Bought with Blackrock Inv & Finance

Pinnacle Estate Properties

818-993-7370

MLS#

SR25061412

Source:

CRMLS

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About This Home

2601 Johnston Street

Investors this is a great opportunity to own a nice Duplex in the up-and-coming area of Lincoln Heights with a very large lot creating the possibility of building one or two ADU's which could significantly increase the rental income Specially with the LARD3 Zoning which designates the area for limited multiple residences, allowing for higher density residential development like townhouses, duplexes or small apartment buildings. Please always check with the city. It also provides the possibility for the buyer to live in one unit and rent the other to offset their monthly mortgage. With a little TLC it can really bring out its full charm. This property falls under the Los Angeles City Rent Stabilization Ordinance (RSO) which regulates rents and evictions of properties built prior to October 1, 1978. Buyers are adviced to do their own due diligence regarding RSO guidelines and requirements with the Los Angeles Housing Department. There are two identical units side by side with flexible layouts both offering a formal living room, large open area which could be used as a second bedroom since there is a closet or a dining room and or office/den, 1 bedroom, 1-bathroom, indoor laundry room, kitchen has many cabinets and a dining area plus an open spacious hallway with linen closets. Both units have access to directly to the back yard from the laundry room. Properties in these areas are on the rise and often appreciate in value over time, making this a potentially smart choice for long term growth due to its central location near downtown Los Angeles, Dodger Stadium, Griffith Park/Observatory, Close Freeway Access to the 5, 110, 10 making it great for commuters.

Home Facts

Multi-Family

Built in 1923

Price Summary

799,000

$418 per Sq. Ft.

MLS #:

SR25061412

Sold:

April 25, 2025


Rooms & Interior

Interior

Living Area:

1,908 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,908 Sq. Ft.

Year Built:

1923


Lot

Lot Size (Sq. Ft):

8,502


Finances & Disclosures

Finances

Price:

$799,000

Price per Sq. Ft:

$418 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Tri-Counties Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Tri-Counties Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.