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!
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!
Property Details
Price:
$1,895,000
MLS #:
SR24253114
Status:
Active Under Contract
Baths:
0
Address:
2625 Chariton Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Dec 22, 2024
State:
CA
ZIP:
90034
Lot Size:
7,497 sqft / 0.17 acres (approx)
Year Built:
1947
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
Cooling
Ductless
Fireplace Features
None
Flooring
Laminate
Heating
Ductless
Exterior
Community Features
Sidewalks, Suburban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway
Parking Spots
0.00
Pool Features
None
Roof
See Remarks
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected
Map
Community
- Address2625 Chariton Street Los Angeles CA
- AreaC09 – Beverlywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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2625 Chariton Street
Los Angeles, CA
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