
Los Angeles, California 90031
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,195,000—positioned above the $1,061,027 Fair Market Value by 12%. While priced above current estimates, the property features an Excellent Condition Rating with two vacant, extensively renovated Craftsman homes on a 7,497 sq. ft. LARD1.5-zoned lot. The combination of modern designer finishes and significant future development potential provides a unique value-add proposition. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income in Lincoln Heights.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2676 Workman Subject | $960,000* List Price | 0 | 0 | 2,219 | $442 | - |
A 2309 Johnston Sold | $1,190,000 | 0 | 0 | 2,700 | $441 | 0.5 mi |
B 2500 Lincoln Park Ave Active | $945,000 List Price | 0 | 0 | 2,431 | $389 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1911 build date, both residences have undergone extensive recent renovations (under 5 years). Residence One is fully move-in ready with a designer kitchen and modern finishes, while Residence Two is 95% rebuilt with brand new electrical, plumbing, and luxury systems, qualifying the property as mint condition with no deferred maintenance.
The property features two separate, vacant Craftsman homes on a single lot, providing an ideal setup for multi-generational living, owner-occupancy with rental income, or a high-yield investment opportunity.
Both residences have undergone significant renovations, including new electrical, plumbing, and designer finishes like quartz countertops and custom cabinetry, while meticulously preserving the original 1911 architectural character.
Situated on an expansive 7,497 sq. ft. lot with LARD1.5 zoning, the property offers substantial future upside and development possibilities in the rapidly appreciating Historic Lincoln Heights neighborhood.
Residence Two is approximately 95% complete, requiring the buyer to manage the final finishes and ensure all work is permitted and finalized, which may complicate traditional financing for some borrowers.
The local public schools assigned to this address have relatively low performance ratings, which could be a drawback for families prioritizing high-ranking educational districts.
Welcome to 2676 Workman Street, a rare opportunity to own two vacant Craftsman homes on an expansive 7,497 sq. ft. LARD1.5-zoned lot in Historic Lincoln Heights. Built in 1911, this exceptional property blends timeless architecture with thoughtful modern upgrades, reflecting the care and pride of ownership invested by the current owner. With approximately 2,219 square feet of combined living space, both residences have undergone extensive renovations while preserving their original Craftsman character. Residence One is a beautifully finished two-story, 1-bedroom, 1.5-bath home that is completely move-in ready. The open-concept floor plan features a designer kitchen with custom wood cabinetry, quartz countertops, farmhouse sink, blue subway tile, built-in dishwasher, and wine refrigerator. Upstairs is a spacious bedroom retreat with a convenient half bath. Residence Two has been extensively rebuilt and is approximately 90% complete, offering the next owner the opportunity to personalize the remaining finishes. Major upgrades include new electrical, plumbing, drywall, siding, flooring, and custom-crafted windows. Inside, soaring ceilings, original pocket doors, custom cabinetry, luxury finishes, and accordion doors create seamless indoor-outdoor living. The spacious 2-bedroom, 2-bath layout includes a luxurious primary suite with a soaking tub, oversized glass shower, and designer finishes. The exterior has also been improved with updated stucco, siding, and restoration work. The LARD1.5 zoning offers excellent future development potential (buyer to verify). Additional features include ample parking and a detached two-car garage. Ideally located near Downtown Los Angeles, Chinatown, Highland Park, USC Health Sciences Campus, parks, restaurants, and major freeways, this property is perfect for an owner-user, multi-generational living, or an investor seeking a rare value-add opportunity with future upside. A property this unique is rarely available—don't miss your opportunity to make it yours.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,219 | 2,250 |
| Lot Size | 7,497 | 5,864 |
| Price | $960.0K | $826.7K |
| Price per sq ft | $433 | $395 |
| Built year | 1911 | 1925 |
| HOA | $0 | $0 |
| Days on market | 23 | 83 |
Jul 18, 2026
$960,000
$1,195,000
-20% Price Drop
Initial Listing
Jun 29, 2026
$1,195,000
Initial Listing
Jun 24, 2002
$215,000
Public Record