2518 Chelsea St, Los Angeles, CA 90033

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Zestimate: $427,696

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Rent Zestimate: $2,071/mo

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  • Bedrooms:4 beds
  • Bathrooms:4 baths
  • Multi Family:1,536 sq ft
  • Lot:4,312 sqft
  • Year Built:1925
  • Heating Type:Contact for details
Description
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 $37,236 and has 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 can be delivered vacant for owner occupied property, 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. Units are all occupied, please do not disturb tenants. 
What I love about the home
4 units Spanish style. Each unit has 1 Bedroom 1 Bathroom. Newer Ceramic flooring. Newer Cabinets. Newer Bathrooms. Newer Doors and Iron Security bars on all windows. Close to Shopping. Close to downtown. Centrally Located. Live in one unit and receive income on the other 3. GREAT OPPORTUNITY. FHA ok.
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    • CoolingUnknown
    • ParkingUnknown
    • Basement TypeUnknown
    • FireplaceNo
    • Floor CoveringUnknown
    • AtticNo
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$427,696
+$69,354 Last 30 daysd
$364K
$488K
Zestimate range
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

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
$2,071/mo
+$26 Last 30 daysd
$1.6K
$2.7K
Zestimate range
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Neighborhood for 2518 Chelsea Street

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Among El Sereno homes, this home is valued 13.2% more than the midpoint (median) home, but is valued 12.3% less per square foot. Foreclosures will be a factor impacting home values in the next several years. In the El Sereno market, the number of foreclosures waiting to be sold fell 32.9% in the last year. The number of unsold foreclosures is 25.7% greater than in Los Angeles, and 11.8% lower than the national average. This higher local number may prevent El Sereno home values from rising as quickly as other regions in Los Angeles.

Learn more about forecast calculations or El Sereno home values.
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    Premier Agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292

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