Price slashed! Now a 5.6% cap rate with potential for additional growth. Value-Add opportunity! Renovated four-unit property with RTI’s for two additional units! Each of the four units features 2 bedrooms and 1 bath. Every unit has undergone a comprehensive overhaul, boasting new plumbing, electrical systems, state-of-the-art heating & A/C, along with tankless water heaters, NEW doors, windows, and flooring. They all have in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator. The property provides off-street parking and separately metered gas and electricity for each unit. The included plans are for two additional units in the rear of the property, with a 1+1 and a 2+1. There is a garage structure on property but currently unused. Modify, scrape and build more units, convert to functional garage for additional income, plenty of possibilities and space to grow! Current rents already provide solid returns, there’s no need for lengthy adjustments. Seize this opportunity to own a prime piece of real estate!
Property Details
Price:
$1,950,000
MLS #:
SR24253114
Status:
Active
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
Similar Listings Nearby
- 1303 N Detroit Street
Los Angeles, CA$2,535,000
4.53 miles away
- 1424 MEADOWBROOK Avenue
Los Angeles, CA$2,500,000
1.87 miles away
- 461 N Vista Street
Los Angeles, CA$2,500,000
3.45 miles away
- 2632 7th Avenue
Los Angeles, CA$2,500,000
3.23 miles away
- 1281 W 35th Street
Los Angeles, CA$2,500,000
4.80 miles away
- 8450 Oakwood Avenue
Los Angeles, CA$2,500,000
2.96 miles away
- 1245 Crenshaw Boulevard
Los Angeles, CA$2,500,000
3.18 miles away
- 4035 Inglewood Boulevard
Los Angeles, CA$2,500,000
3.50 miles away
- 1303 N Citrus Avenue
Los Angeles, CA$2,500,000
4.68 miles away
- 1511 S Carmelina Avenue
Los Angeles, CA$2,499,999
4.90 miles away

2625 Chariton Street
Los Angeles, CA
LIGHTBOX-IMAGES