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2808 Workman St, Los Angeles, CA 90031
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2808 Workman St Los Angeles, CA 90031

$1,115,000 Sold Price as of 05/04/2021
  • 8 Beds
  • 6 Baths
  • 3,672 Sq.Ft.
Sold
$1,115,000 Sold Price as of 05/04/2021 Refinance Your Mortgage
Map preview of 2808 Workman St, Los Angeles, CA 90031

Property Overview: 2808 Workman St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,672 living square feet and 9,215 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Maria Sarmiento | BRE #01837686 | Keller Williams Pasadena Mrkt
Last checked: 14 minutes ago | Last updated: November 28th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
9,215
HOA Dues
$0/mo
Year built
1910
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21711218
City
Los Angeles
County
Los Angeles
Time on Site
1141 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $854
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,330
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,090
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,407
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $854
  • Pro Forma/Market Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $62,698
  • Gross Operating Income: $96,277
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 2808 Workman St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 6
  • Parcel Number: 5206003007
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Off 5-Fwy. Exit on Broadway and head towards W Ave. 2, Turn Left on Pasadena Ave., Right on E Ave 28 and Left on Workman.
View more facts & features

Local Los Angeles Agent

Sale History for 2808 Workman St

Last sold for $1,115,000 on May 4th, 2021

  • May, 2021

  • May 14, 2021

    Date

    Sold

    CRMLS: 21711218

    $1,115,000

    Price

  • Apr 7, 2021

    Date

    Active Under Contract

    CRMLS: 21711218

    $1,175,000

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: 21711218

    $1,175,000

    Price

  • February, 2019

  • Feb 5, 2019

    Date

    Expired

    CRMLS: 18393734

    $1,075,000

    Price

  • Oct 5, 2018

    Date

    Active

    CRMLS: 18393734

    $1,075,000

    Price

  • Listing provided courtesy of CRMLS

    6 units in Lincoln Heights. 4 units in the front and 2 units in the back. Legally it is 5 units being rented as 6 units. Long term owner. Large units, over 4,700 square feet of building. It sits on a 9,214 square foot lot. Low rents with a lot of upside potential. Individually metered and individual water heaters. There are 4 garages that can be rented out for additional income. Close to shops, restaurants, freeways and Downtown Los Angeles.

  • May, 2002

  • May 24, 2002

    Date

    Sold (Public Records)

    Public Records

    $267,000

    Price

  • March, 2000

  • Mar 1, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2808 Workman St

Assessed Value (2020): $360,651
Year Land Value Improved Value Assessed Value
2020 $236,385 $124,266 $360,651

Home Value Compared to the Market

This property vs the competition

2808 Workman St sold on May 4, 2021 for 1.26% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $319.99 per/sqft which puts the price per square foot 57.62% lower than the current median sale per square foot for the city of Los Angeles.

About 2808 Workman St

Detailed summary of property

2808 Workman St is a multi family that recently sold in Los Angeles, CA 90031. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 3,672 living square feet, and sits on an approximately 9,215 square foot lot. 2808 Workman St was first listed on ArdentRealEstateGroup.com on March 27, 2021. The homeowner sold the property for $1,115,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1.26% lower than the current median priced home. Local homes that are currently for sale include 2229 Shoredale Ave, 2229 Shoredale Ave and 2111 Marengo St. While the average home in Los Angeles, CA is selling in 93 days, 2808 Workman St has a days on market of 11 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 2808 Workman 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 2808 Workman St

Public county record property details
Beds
4
Baths
5
Year built
1910
Sq. Ft.
4,728
Lot Size
9,214
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5206-003-007

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.

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