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$ 699,000
Est. payment /mo
New
2505 Chelsea Los Angeles, CA 90033
4 Beds
4 Baths
7,971 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26194839
Bedrooms 4
Lot Size 7,971 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
OPPORTUNITY IS KNOCKING! Prime 5 unit investment opportunity centrally located near KECK USC and a plethora of schools and health departments/buildings in Boyle Heights. This property can easily add two more units, which can be two stories, there is land and opportunity! Tenants have been living here month-to-month under LA rent stabilization. Strong rental upside potential with improvements. Property needs TLC, including roof repair in one unit, making this an ideal repositioning project for experienced investors. Sale includes additional land with permits in place to build two 2 story units. A rare opportunity to increase density and long-term income. Do not disturb tenants. Close to the 10 and 5 freeways, shopping and transportation.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Soto St, off the 10 fwy
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5202010020
Acceptable Financing Cash
Listing Terms Cash
Listed by Carmen Martinez, DRE#01848111 Compass