Five-Unit Multifamily
For Sale
Contact for pricing
2232-2232 Workman, Los Angeles, CA 90031
Five-unit residential income property on a deep rectangular lot with LARD1.5 zoning.
Property Size4,160 SF
Lot Size0.23 Acres
Price / SF$391.35
Days on Market137
Property Features for 2232-2232 Workman
General Information
Standard status
Active
Size
4,160 SF
Lot size
0.23 Acres
Property subtype
Multifamily
Zoning
Public Rec
Additional Details
Cap Rate
5%
Highway Access
Yes
Multifamily Units
5
Building Details
Year Built
1921
Buildings
2
Stories
2
Units
31271
Listing Agency:
Act Realty Group
(323) 481-0691
Listed By:
Clayton Tom · License #01707471
Source:
Crexi
Added: Mar 26
Changed: Aug 8
Last Checked: Aug 9 at 12:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Act Realty Group
Investment Insights
Based on property information with market context.
2232 Workman Street is a five-unit multifamily property built in 1921, configured across two separate buildings totaling approximately 4,160 square feet. The unit mix includes one 3-bedroom, 2-bath unit and four 2-bedroom, 1-bath units. The rear two-story building features a 3-bedroom, 2-bath unit on the ground floor and two 2-bedroom, 1-bath units above. The front building faces Workman Street and offers two 2-bedroom, 1-bath units, each with a private entrance.
The property sits on a deep 9,980 square foot rectangular lot and is identified with LARD1.5 zoning. The large lot may provide flexibility for future ADU or redevelopment opportunities, subject to buyer verification.
With a split-building layout and a mix that includes a larger 3-bedroom unit, the property is positioned as a straightforward small-balancehold rental asset within minutes of Downtown LA, Chinatown, the Arts District, and USC Health Sciences Campus, with convenient freeway access.
The property sits on a deep 9,980 square foot rectangular lot and is identified with LARD1.5 zoning. The large lot may provide flexibility for future ADU or redevelopment opportunities, subject to buyer verification.
With a split-building layout and a mix that includes a larger 3-bedroom unit, the property is positioned as a straightforward small-balancehold rental asset within minutes of Downtown LA, Chinatown, the Arts District, and USC Health Sciences Campus, with convenient freeway access.
Key Highlights
- Five‑unit residential property on a deep 9,980 sq ft rectangular lot with LARD1.5 zoning
- Two separate buildings totaling approximately 4,160 sq ft; built in 1921
- Unit mix: 1 three‑bedroom/2‑bath unit and 4 two‑bedroom/1‑bath units
Property Analytics
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,850
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit residential income property on a deep rectangular lot with LARD1.5 zoning.
Where is this apartment building located?
The property is located at 2232-2232 Workman Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Five‑unit residential property on a deep 9,980 sq ft rectangular lot with LARD1.5 zoning; Two separate buildings totaling approximately 4,160 sq ft; built in 1921; Unit mix: 1 three‑bedroom/2‑bath unit and 4 two‑bedroom/1‑bath units
