2625 Chariton
Los Angeles, CA, 90034 $ 2,500,000
Bedrooms8 Baths4.0 Sq 3,452 Monthly Estimate*
$ 17,463
Listed by Beverly and Company, Inc.
for $2,500,000 with 8 bedrooms and 4 full baths. This 3,452 square foot home was built in 1947 on a lot size of 0.1721.
Introducing this renovated four-unit property, nestled in the heart of a coveted Los Angeles neighborhood. Each of the four units features 2 bedrooms and 1 bath, meticulously crafted to offer modern, comfortable living spaces with completely updated interiors. Every unit has undergone a comprehensive overhaul, boasting new plumbing, electrical systems, state-of-the-art heating & A/C, along with tankless water heaters, NEW doors, windows, and flooring. Residents will find convenience in the in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator, ensuring a seamless living experience. The property provides off-street parking and separately metered gas and electricity for each unit, offering flexibility and ease in utility management. Its prime location grants effortless access to shopping and transportation hubs, facilitating residents' daily commuting and access to amenities. *Investment Opportunity: With current rents already providing solid returns, there's no need for lengthy adjustments. The recent upgrades and prime location promise high-income potential, making it an exceptional investment opportunity in the thriving Los Angeles real estate market. One unit remains vacant, offering the option to increase returns or enjoy owner occupancy. *Future Expansion Potential: Additionally, the property comes with Ready-To-Issue (RTI) plans for two additional units, paving the way for future expansion and increased rent potential, adding further value for discerning investors. This property stands as a rare gem, offering updated units, robust income potential with room for growth, convenient amenities, and the possibility of future expansion in one of Los Angeles' most sought-after neighborhoods. Seize this opportunity to own a prime piece of real estate!
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FeaturesGeneralSewer PublicSewer
Heating Ductless
Cooling Ductless
Possession CloseOfEscrow
Appliances Dryer Washer
Zoning LAR3
Garage Spaces 4.0
Pool Features None
Year Built 1947
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 139000.0
Community Features Suburban Sidewalks
County Los Angeles
Net Operating Income 100908.0
Operating Expense 37092.0
Insurance Expense 3000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions North of Venice Blvd west of La Cienega
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area C09 - Beverlywood Vicinity
Lot Size Square Feet 7497.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Chariton
Listing Terms Cash CashtoNewLoan Conventional
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 2292.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 24
Property Sub Type Additional Quadruplex
Cap Rate 4.0
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ExteriorParking Features Driveway Garage Paved
Lot Features Item01UnitAcre
Water Source Public
Total Parking 4.0
Inclusions All appliances
Lot Size Area 7497.0
Number of Buildings 1
Spa N
Building Area Total 3452.0
Lot Size Acres 0.1721
Lot Size Units SquareFeet
Lot Size Source PublicRecords
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Inside Stacked
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesList ByBeverly And Company, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $17,463
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $2,020,253
Percent of Sale Price 19%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/8/2024 | $2,500,000 | | Listed Price |