2309 Johnston, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
2309 Johnston
Los Angeles, California 90031
Property Price
SUMMARY
Analysis of 2309 Johnston, Los Angeles, California 90031 is currently available with a list price of $1,099,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property has undergone a comprehensive, top-to-bottom renovation within the last 5 years, effectively bringing it to like-new condition. The upgrades include all major systems—new roof, electrical, plumbing, and HVAC (central and ductless). The kitchens and bathrooms are fully modernized with new cabinetry, stone countertops, and stainless steel appliances. With new windows, flooring, and fresh paint throughout, the property meets the highest standards for a turnkey asset with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
This property features a fully renovated duplex plus an ADU, with approved plans for a Jr. ADU, offering significant rental upside and flexibility for investors or owner-occupants.
- Comprehensive Modern Upgrades
The property is truly turnkey, having undergone a complete top-to-bottom renovation including new electrical, plumbing, roof, and HVAC systems, minimizing immediate capital expenditure.
- Strategic Urban Location
Situated in the high-demand Lincoln Heights area, the property offers excellent proximity to Downtown LA, Dodger Stadium, and major freeways, ensuring strong rental demand.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 2592.
- Limited Utility Infrastructure
The ADU lacks a gas line, relying solely on electric appliances and a tankless water heater, which may impact utility preferences for some occupants.
- Underperforming Local Schools
Several assigned and nearby public schools carry low performance ratings, which could potentially limit the appeal for long-term family-oriented tenants.
About 2309 Johnston
Beautiful turnkey, cash-flowing opportunity in Lincoln Heights! This fully renovated two-unit property plus ADU has been upgraded from top to bottom with new electrical, roof, windows, plumbing, kitchens, bathrooms, flooring, and fresh interior/exterior paint. The main unit features central A/C, while the second unit and ADU are equipped with efficient ductless systems. Located in a high-demand rental area, the property is within walking distance to schools and just minutes from DTLA, Dodger Stadium & Chinatown with easy access to the 5 & 110 freeways. Each unit has separate meters, the ADU does not have a gas line but instead has an electric stove and a tankless water heater. As an added bonus, the seller has approved plans for a Jr. ADU, offering even more upside. Don’t miss this exceptional opportunity—ideal for investors seeking a strong income-producing asset or for an owner-occupant looking to live in one unit while renting out the others for additional income.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1964
- Lot Size
- 7,099 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gates Street Elementary School
Grades K-5 • 0.3 mi
Griffin Avenue Elementary School
Grades K-5 • 0.3 mi
Albion Street Elementary School
Grades K-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,700 | 2,476 | 62% |
| Lot Size | 7,099 | 6,949 | 54% |
| Price | $1.10M | $1.07M | 62% |
| Price per sq ft | $407 | $403 | 54% |
| Built year | 1964 | 1912 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 232 | 15% |
Pricing History
Listed for Sale
Feb 8, 2026
$1,099,000
Initial Listing