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1926 N Johnston Street Los Angeles, CA 90031
$1,389,000 0 beds, 0 baths
0 sqft
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Agent Remarks

First time on the market property! Priced only at $335 per sq ft and $270,000 per unit with no RSO. This five-unit building consists of eleven beds and five baths in Lincoln Heights neighborhood, totalling 4,032 sq ft. Great location next to Chinatown, Art District, and many freeways (110 fwy, 5 fwy, 2 fwy, 101 fwy). There is a mix of four 2-bed 1-bath units and one 3-bed 2-bath unit. Two units have been completely renovated with new electric, plumbing, and cooling units, with new kitchens and bathrooms. The building was just painted for curb appeal. There are upside rents with three of the under-market units. Since the building was built in 1980, it is not under RSO, so rents can be caught up to market sooner.  The property is on a large lot of 7789 square feet with RD-1 zoning. This allows for additional development opportunities in the future. Based on zoning, owners can add up to 4 more units on existing (but please verify with the city). Another cheaper alternative is adding an ADU by utilizing the six parking spaces under the building. The property is close to many new restaurants in Chinatown, Los Angeles State Historical Park, Dodger Stadium, San Antonio Winery, Elysium Park, Keck USC Hospital, and many other attractions, making it a great investment opportunity for owners seeking rental income and stability. Interior showings contingent on offers. Do not disturb tenants. Full occupied.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# WS25165151
List price is $1,389,000
Beds: 0
Baths: 0
Built in 1980
0.18 acres
Lot size: 0.1788
County: Los Angeles
Interior features: Multiple Staircases
Lot description: TwoToFiveUnitsAcre
MLS area: 677 - Lincoln Hts

Last Updated: 7/26/2025

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This listing belongs to the 677 - Lincoln Hts MLS area

Lat/Long: 34.066902, -118.209861.
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Listing Agent: EDMOND WU
Co Listing Agent: BENJAMIN SHIH
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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