2518 Chelsea St, Los Angeles, CA 90033

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2518 Chelsea St, Los Angeles, CA 90033

1 bed1 bath400 sqft

Sold: $320,000
Sold on 03/06/13
Est. Mortgage
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My Notes

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Great investment property in walking distance to Keck Medical Center of USC. Four units, all 1 bedroom and 1 bath each. This investment provides an annual income of $38,160 with low maintenance costs. There are 4 spaces in the back of the property with gated parking. All tenants are on month-to-month. One unit is currently vacant for owner to occupy property (FHA OK), live in one and collect rents for the other 3, but you will have to act fast. Convenient freeway access to the 5 & 10 freeway. Only 10 minutes from downtown LA. Please do not disturb tenants. Agents please see remarks.

Facts

  • Apartment
  • Built in 1925
  • Cooling: Wall
  • Heating: Wall
  • Laundry: None
  • Parking: 4 spaces
  • Last sold: Mar 2013 for $320,000
  • Price/sqft: $800

Features

  • Ceiling Fan
  • Flooring: Tile
  • Gated Entry

Construction

  • Exterior material: Stucco
  • Roof type: Asphalt
  • # Stories: 1.0
  • Unit count: 4

Other

  • Floor size: 400 sqft
  • Heating: Gas
  • Parcel #: 5202008020
  • Zillow Home ID: 20635923

Zestimate Details

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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,491/mo
+$118 Last 30 days
$895
$1.9K
Zestimate range

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Market guide

Zillow predicts El Sereno home values will decrease 0.3% next year, compared to a 2% rise for Los Angeles as a whole.

Foreclosures will be a factor impacting home values in the next several years. In El Sereno, the number of foreclosures waiting to be sold is 18.7% less than in Los Angeles, and 25.8% higher than the national average. This lower local number could help El Sereno home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or El Sereno home values.
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    Nearby Schools in Los Angeles

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