25
See all 25 photos
$699,000
Est. payment /mo
7,971 Sqft Lot
New
2505 Chelsea Los Angeles, CA 90033
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Key Details
Property Type Single Family Home
Sub Type Studio
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26194839
HOA Y/N No
Year Built 1924
Lot Size 7,971 Sqft
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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Curbs, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Peek-A-Boo
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5202010020
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Carmen Martinez Compass 626-673-5308, DRE #01848111
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