3116 Johnston Street

    Los Angeles (City), CA 90031
    • $1,400,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 20560300
    Price Reduced
    UPDATED: 34 min ago
    $1,400,000
    • 0
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    3116 Johnston Street and the adjacent property at 3112 Johnston Street have been landscaped together to create the Crown Jewels of income properties in Lincoln Heights. With a professionally landscaped mature garden oasis and three turn key rental units, this 3000 sq/ft 6 BR and 5 BA triplex is ideal for an owner/ occupant and the adjacent property has upside potential to build another 2000 sq/ft home. City views and artwork murals create the ideal setting for entertaining and brings this property to life. The interior space has been completely remodeled and finished with bamboo flooring, Viking kitchen appliances, Silestone countertops, Slate tiles, glass shower enclosures, built in cabinetry and e-glass double paned windows. This unique investment opportunity includes the adjacent property at 3112 Johnston Street which has a separate detached carport for 3 vehicles and a rooftop deck overlooking the city and an adjacent garden area that has enough space to build an add'l 2000 sq.ft.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T15:27:59.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.

    www.debonishomes.com/homes/103809803

    3116 Johnston Street Los Angeles (City), CA 90031

    • Price: $1,400,000
    • Status: Active
    • Updated: 34 min ago
    • ID#: 20560300
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    1965
    Built
    Neighborhood:
    677 - Lincoln Hts
    County:
    Los Angeles
    Area:
    677 - Lincoln Hts
    Property Description
    3116 Johnston Street and the adjacent property at 3112 Johnston Street have been landscaped together to create the Crown Jewels of income properties in Lincoln Heights. With a professionally landscaped mature garden oasis and three turn key rental units, this 3000 sq/ft 6 BR and 5 BA triplex is ideal for an owner/ occupant and the adjacent property has upside potential to build another 2000 sq/ft home. City views and artwork murals create the ideal setting for entertaining and brings this property to life. The interior space has been completely remodeled and finished with bamboo flooring, Viking kitchen appliances, Silestone countertops, Slate tiles, glass shower enclosures, built in cabinetry and e-glass double paned windows. This unique investment opportunity includes the adjacent property at 3112 Johnston Street which has a separate detached carport for 3 vehicles and a rooftop deck overlooking the city and an adjacent garden area that has enough space to build an add'l 2000 sq.ft.
    Exterior Features

    Construction Materials Stucco Garage Spaces 2.00 Lot Size Source Other Lot Size Units Square Feet Parking Features GarageGarage - Two DoorStreet Parking Total 2.00 Parking YN Yes View City Lights View YN Yes

    Interior Features

    Appliances DishwasherDisposalRefrigeratorVented Exhaust Fan Appliances YN Yes Cooling Central Air Cooling YN Yes Flooring Bamboo Heating Central Heating YN Yes Interior Features Storage Window Features Double Pane Windows

    Property Features

    Gross Income 3600.00 Gross Multiplier 15.00 Gross Operating Income 43200.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar1

    Listing provided courtesy of Diana Knox of Compass and Daniel Curet-Rodriguez of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-07T15:27:59.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.

     
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