1927 Johnston St, Los Angeles, CA 90031
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1927 Johnston St Los Angeles, CA 90031

$1,749,000
  • 9 Beds
  • 6 Baths
  • 3,394 Sq.Ft.
For Sale
$1,749,000 Get Pre-Qualified

Map preview of 1927 Johnston St, Los Angeles, CA 90031

Property Overview: 1927 Johnston St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 3,394 living square feet and 7,045 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Gated triplex with total 3,394 sf sits on a large lot of 7,045 Sf. located at the heart of Lincoln Heights. All units with 3 bedrooms and 2 bathrooms. County record shows 8 bedrooms and 5 bathrooms. Newly remodeled front unit is a one-story single-family house with its own laundry room and parking spaces in move-in condition. Two (2) back units built in year 2011 with 4 covered carports. It’s possibly to build an ADU. Please check with LA city for the information. Each unit with individual water/gas/electric meters. High rental demand area, great opportunity for the investors. It's perfect for owners to live in one and get income from renting out the other 2 units. Minutes to USC Medical Campus, Keck Hospital of USC, Downtown LA, public transportation, easy access to major freeways and Dodger Stadium. Walking distance to schools. Don’t miss this opportunity!

Listed by Anita Wong | BRE #01928171 | Re/Max Premier Prop Arcadia
Last checked: 8 minutes ago | Last updated: April 21st, 2024 | Source CRMLS | DOM: 220
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Home details

Lot Sq. Ft
7,045
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Triplex
Status
Active
MLS#
AR23181234
City
Los Angeles
County
Los Angeles
Time on Site
226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $112,800
  • Net Operating Income: $107,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $500
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $4,500
  • Water/Sewer: $0

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Property Details for 1927 Johnston St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile, Wood
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s), Granite Counters
  • Levels: One, Two
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Covered, Gated, On Site
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5210017009
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Main street and Griffin Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1927 Johnston St

Last sold for $268,000 on November 20th, 2008
  • September, 2023

  • Sep 30, 2023

    Date

    Active

    CRMLS: AR23181234

    $1,838,000

    Price

  • November, 2008

  • Nov 20, 2008

    Date

    Sold (Public Records)

    Public Records

    $268,000

    Price

  • November, 2005

  • Nov 1, 2005

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

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Tax History for 1927 Johnston St

Assessed Value (2020): $541,932
Year Land Value Improved Value Assessed Value
2020 $252,448 $289,484 $541,932

Home Value Compared to the Market

This property vs the competition

1927 Johnston St is listed 40.03% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $515.32 per/sqft which puts the price per square foot 33.42% lower than the median price per square foot for the city of Los Angeles.

About 1927 Johnston St

Detailed summary of property

1927 Johnston St is a triplex located in Los Angeles, CA 90031 and is currently for sale. This triplex offers 9 bedrooms, 6 bathrooms, roughly 3,394 living square feet, and sits on an approximately 7,045 square foot lot. 1927 Johnston St was first listed on ArdentRealEstateGroup.com on September 28, 2023. The homeowner is currently asking $1,749,000 and was originally asking $1,838,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40.03% higher than the median priced home. Local competing homes currently for sale include 2500 E 1st St, 3313 Folsom St and 2618 Carleton Ave. While the average home in Los Angeles, CA is selling in 93 days, 1927 Johnston St has a days on market of 220 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1927 Johnston St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1927 Johnston St

Public county record property details
Beds
8
Baths
5
Year built
1907
Sq. Ft.
3,394
Lot Size
7,045
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5210-017-009

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$840,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
34
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.