2505 Chelsea, Los Angeles, CA 90033
- $699,000
List Agent Carmen Martinez () Compass; CoList ()
- List Price
- $699,000
- Status
- ACTIVE
- MLS#
- AR26194839
- Year Built
- 1924
- Lot Size
- 7,971
- Days on Market
- 12
- Property Type
- Multifamily
- Property Sub Type
- Studio
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.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Peek-A-Boo
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.