Active

$1,649,000

For sale

2325 Jo••••• St (Sign up for 50 free credits to unlock)Los Angeles, CA 90031

8Beds

7Baths

4,548Sq Ft Living

9,919Sq Ft Lot

1963Year Built

Property Description

Now offered at $1,649,000! this multifamily property presents an opportunity to acquire six income-producing units in historic Lincoln Heights, just minutes from Downtown Los Angeles. Situated on an approximately 9,919-square-foot lot, this multi-family property offers approximately 4,548 square feet of building area, featuring a three-bedroom main residence and five additional one-bedroom, one-bathroom units. With existing rental income, two units anticipated to be delivered vacant, and potential for future rental growth or development (buyer to verify with the city), this property offers flexibility and long-term investment potential. Conveniently located near major freeways, dining, and neighborhood amenities, it's an ideal opportunity for investors looking to expand their portfolio in a desirable Los Angeles location. Six Units, a generous lot size, and an improved price!

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Aug 12, 2026
Price per Sq Ft: $363/sqft
ZIP Code: 90031
Full Baths: 7
Stories: 2
Parking: Concrete, Assigned, Paved, Driveway
Heating: Wall Furnace
Property Tax (2025): $5,996/yr
Assessed Value: $406,025
Neighborhood: Eastside LA
County: Los Angeles
School District: Los Angeles Unified School District

Features & Amenities

Bedrooms

Bedrooms: 8

Bathrooms

Total Bathrooms: 7
Full Bathrooms: 7

Land Info

Additional Parcels: No
Land Lease: No
Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.2277
Lot Size Source: Estimated
Lot Size Square Feet: 9919

Utilities

Sewer: Public Sewer
Natural Gas Connected
Phone Available
Sewer Connected
Cable Available
Electricity Connected
Water Connected
Water Source: Public

Appliances

Laundry Features: Common Area

Rental Info

Gross Income: 29400
Gross Scheduled Income: 45000
Number of Units Leased: 4
Tenant Pays: Gas, Repairs, Trash Collection, Cable TV, Electricity
Rent Control: No

Commercial Info

Net Operating Income: 37400
Operating Expense: 7600

Multi-Unit Info

Number of Buildings: 2
Number of Units: 6
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Full Bathrooms in Unit-6: 1
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished
Unit-3 Furnished Description: Unfurnished
Unit-4 Furnished Description: Unfurnished
Unit-5 Furnished Description: Unfurnished
Unit-6 Furnished Description: Unfurnished
Unit 2 Total Actual Rent: 972
Unit 3 Total Actual Rent: 850
Unit 4 Total Actual Rent: 941
Unit 5 Total Actual Rent: 910

Interior Features

Track Lighting
Tile Counters
Flooring: Carpet

Garage and Parking

Parking Features: Concrete, Assigned, Paved, Driveway

Heating and Cooling

Heating Features: Wall Furnace
Heating: Yes

Other Property Info

Source Listing Status: Active
County: Los Angeles
Inclusions: Stoves
Insurance Expense: 3105
Area: 677 - Lincoln Hts
Source Neighborhood: 677 - Lincoln Hts
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 5204024011
Property Subtype: Apartment

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0
Gardener Expense: 900

Building and Construction

Year Built: 1963
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Levels: One, Two
Property Age: 63
Property Attached: Yes
Levels or Stories: One,Two
Building Total Stories: 1
Elevation Units: Feet
Year Built Source: Public Records

Amenities and Community Features

Community Features: Gutters, Street Lights, Sidewalks

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 13, 2026	Price Changed	$1,649,000	-
Aug 12, 2026	Listed	$1,749,000	-

Property Tax History

Year	Tax	Assessed	Land	Building
2025	$5,996	$406,025	$239,690	$166,335
2024	$5,890	$398,065	$234,991	$163,074
2023	$2,638	$119,180	$37,672	$81,508
2022	$2,561	$116,844	$36,934	$79,910
2021	$2,511	$114,554	$36,210	$78,344
2020	$2,519	$113,380	$35,839	$77,541
2019	$2,464	$111,158	$35,137	$76,021
2018	$2,232	$108,980	$34,449	$74,531
2017	$2,154	$106,844	$33,774	$73,070
2016	$2,060	$104,750	$33,112	$71,638
2015	$2,041	$103,177	$32,615	$70,562
2014	$2,083	$101,157	$31,977	$69,180

Nearby Schools

4/10
Griffin Avenue Elementary School
Public · Elementary · Grades K-5
0.3 mi
6/10
Florence Nightingale Middle School
Public · Middle · Grades 6-8
1.1 mi
NR
Sacred Heart High School
Private · High · Grades 9-12
0.2 mi
6/10
Abraham Lincoln Senior High School
Public · High · Grades 9-12
0.5 mi