Listed By:
The ONE Luxury Properties, 818-231-9207, Jill Fischer-Politz
Local Realty Services Provided By:
Keller Williams Beverly Hills
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,895,000
2625 Chariton Street, Los Angeles, CA 90034
3,452
sq ft
.17
ac
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$1,895,000
2625 Chariton Street, Los Angeles, CA 90034
Estimation provided by Keller Williams Realty Inc.
3,452
sq ft
.17
ac
Active Under Contract
For Sale
Property Description
Drastically reduced price! Now offering a 5.8% cap rate with room for even greater returns. Incredible value-add opportunity! This fully renovated four-unit property comes with RTI permits for two additional units, maximizing its potential. Each existing unit features 2 bedrooms and 1 bath, with top-to-bottom upgrades including new plumbing, electrical, modern heating & A/C systems, and tankless water heaters. Brand-new doors, windows, and flooring complete the transformation.
Every unit is equipped with in-unit laundry, a dishwasher, stove, oven, microwave, and refrigerator. The property also offers off-street parking and individually metered gas and electricity for each unit. Approved plans allow for two additional units at the rear—a 1-bedroom, 1-bath, and a 2-bedroom, 1-bath—providing even more income potential.
An existing garage structure presents further opportunities—convert it to additional units, utilize it for parking, or reimagine it for increased revenue. With strong rental income already in place, this is a prime investment with no waiting period for returns. Don’t miss your chance to capitalize on this exceptional real estate opportunity!
Assessed Value is a combination of the land and additions.
2023
$18,584
(+373.03%)
$1,499,910
Land 1,020,000 +
Additions 479,910
2022
$3,929
(+1.79%)
$287,635
Land 150,455 +
Additions 137,180
2021
$3,860
(+2.83%)
$287,635
Land 150,455 +
Additions 137,180
2019
$3,753
(+560,097.01%)
$284,687
Land 148,913 +
Additions 135,774
2017
$0.67
$273,634
Land 140,326 +
Additions 127,944
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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