2505 Chelsea, Los Angeles, CA 90033
- $800,000
List Agent Monica Munive () DYNASTY REAL ESTATE; CoList ()
- List Price
- $800,000
- Status
- ACTIVE
- MLS#
- CV26037235
- Year Built
- 1924
- Lot Size
- 7,971
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 164
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
INVESTMENT PROPERTY! Prime 5 unit investment opportunity in a desirable Los Angeles location. Fully occupied and operating with month-to-month tenants under LA rent stabilization (buyer to verify). 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. Seller willing to negotiate structure and pricing depending on whether buyer acquires both the 5 units and the land. Serious investors only. Do not disturb tenants.
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Additional Information
- Water
- Public
Mortgage Calculator
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.