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1909 Johnston St

Los Angeles, CA 90031
  • $1,300,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 25541719
UPDATED: 58 min ago
$1,300,000
  • 8
    BEDS
  • 0.08
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,870
    SQFT
  • $336
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1926
County:

School Ratings & Info

Description

Here's the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it's hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-20T18:44:14.71. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/164061544
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1909 Johnston St Los Angeles, CA 90031

  • Price: $1,300,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 58 min ago
  • MLS #: 25541719
8
Beds
8
Baths
0
½ Baths
0.08
Acres
3,870
SQFT
$336
$/SQFT
1926
Built
Neighborhood:
Lincoln Heights
County:
Los Angeles
Area:
Lincoln Heights
Property Description
Here's the value-add deal of the bunch. This 8-unit property offers a nice mix of studio and 1-bedroom units, with current income at a 4% CAP and market potential of 10% CAP. Priced at just $336 per square foot, it's hard to find better bang for your buck in LA right now. Perfect for an investor ready to rollup their sleeves, improve units as they turn, and boost the NOI significantly over time. Can also be purchased with 5155 Henderson Street.
Exterior Features

Levels One Lot Size Area 8972 Other Structures None Parking Garage None Total Parking 0

Interior Features

Cooling None Equipment RefrigeratorRange/Oven Heating Wall

Property Features

Assessed Total Value 464228 Disclosures None Gross Income 96912 Gross Operating Income 96912 Like Units1 8 Net Operating Income 52163.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 41841 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LACM

Listing provided courtesy of Shaya Braverman DRE#01861842 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-20T18:44:14.71. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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