Available for only $155,000 per unit, the property allows a new investor to capitalize on approximately 66% rent upside. Energy costs are reduced by the tankless water heaters that have been installed at the building. The current owner has also already completed all seismic retrofit repairs, benefitting a new investor by bringing the property into compliance and saving them from an otherwise costly capital expense. Situated across from Forest Lawn, near the intersection of Fletcher Drive and San Fernando Road, the building allows tenants convenient access to trendy and emerging areas such as Los Feliz, Glendale, Atwater Village, Mount Washington, and Highland Park. The high-end Americana at Brand shopping center and the recently revitalized Glendale Galleria are both within two miles, as are Griffith Park and Occidental College. The multimillion dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is just west of the property.
Property Details
Price:
$1,860,000
MLS #:
25482855
Status:
Active
Baths:
0
Address:
3330 Chapman Street
Type:
Residential Income
Neighborhood:
623glasselpark
City:
Los Angeles
Listed Date:
Jan 14, 2025
State:
CA
ZIP:
90065
Lot Size:
9,612 sqft / 0.22 acres (approx)
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Parking Features
Assigned
Parking Spots
12.00
Stories Total
2
Financial
Map
Community
- Address3330 Chapman Street Los Angeles CA
- Area623 – Glassel Park
- CityLos Angeles
- CountyLos Angeles
- Zip Code90065
Similar Listings Nearby
- 626 S Bonnie Brae Street
Los Angeles, CA$2,400,000
4.73 miles away
- 1402 Allesandro Street
Los Angeles, CA$2,400,000
3.00 miles away
- 3324 Hamilton Way
Los Angeles, CA$2,399,000
2.98 miles away
- 3845 Tracy Street
Los Angeles, CA$2,399,000
2.15 miles away
- 6383 Quebec Drive
Los Angeles, CA$2,395,000
4.89 miles away
- 5510 Lexington Avenue
Los Angeles, CA$2,350,000
4.30 miles away
- 1834 N Alexandria Avenue
Los Angeles, CA$2,350,000
3.35 miles away
- 315 N Normandie Avenue
Los Angeles, CA$2,349,000
4.51 miles away
- 5622 La Mirada Avenue
Los Angeles, CA$2,300,000
4.38 miles away
- 143 N Reno Street
Los Angeles, CA$2,300,000
4.00 miles away

3330 Chapman Street
Los Angeles, CA
LIGHTBOX-IMAGES