2505 Chelsea, Los Angeles, CA 90033
2505 Chelsea, Los Angeles, CA 90033
2505 Chelsea, Los Angeles, CA 90033
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Carmen Martinez • Compass
$699,000
Est. payment /mo
2,478 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Studio

Listing Status Active

Purchase Type For Sale

Square Footage 2,478 sqft

Price per Sqft $282

MLS Listing ID AR-26194839

Year Built 1924

Lot Size 7,971 Sqft

Property Sub-Type Studio

Source California Regional Multiple Listing Service (CRMLS)

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

Fireplaces Type None

Laundry Individual Room

Exterior

Pool None

Community Features Curbs, Sidewalks, Urban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N Yes

View Peek-A-Boo

Building

Sewer Public Sewer

Read Less Info

Nearby Locations

GET MORE INFORMATION

John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Channel Cities Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2505 Chelsea