2625 Chariton Street, Los Angeles, California 90034
  • $1,895,000
  • $1,950,000

Overview

Property ID: SR24253114
  • Apartment, Residential Income
  • Property Type
  • 3452 Sqft
  • Area Size
  • 1947
  • Year Built

Description

Drastically reduced price! Now offering a 5.8% cap rate with room for even greater returns. Incredible value-add opportunity! This fully renovated four-unit property comes with RTI permits for two additional units, maximizing its potential. Each existing unit features 2 bedrooms and 1 bath, with top-to-bottom upgrades including new plumbing, electrical, modern heating & A/C systems, and tankless water heaters. Brand-new doors, windows, and flooring complete the transformation. Every unit is equipped with in-unit laundry, a dishwasher, stove, oven, microwave, and refrigerator. The property also offers off-street parking and individually metered gas and electricity for each unit. Approved plans allow for two additional units at the rear—a 1-bedroom, 1-bath, and a 2-bedroom, 1-bath—providing even more income potential. An existing garage structure presents further opportunities—convert it to additional units, utilize it for parking, or reimagine it for increased revenue. With strong rental income already in place, this is a prime investment with no waiting period for returns. Don’t miss your chance to capitalize on this exceptional real estate opportunity!

  • Address: 2625 Chariton Street
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90034
  • Country: US

Details

Updated on April 8, 2025 at 4:24 pm
  • Property ID SR24253114
  • Price $1,895,000
  • Property Size 3452 Sqft
  • Land Area 0.1721 Acres
  • Year Built 1947
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan, Conventional
  • Roof See Remarks
  • Utilities Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sewer Public Sewer
  • Cooling Ductless
  • Heating Ductless
  • Flooring Laminate
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Driveway
  • Community Features Suburban, Sidewalks

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