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Sold for $1,850,000 on 04/07/25
  • Listing Provided by: 

    Jill Fischer-Politz DRE #00907458 818-231-9207,

    The ONE Luxury Properties

    $1,850,000

    2625 Chariton St, Los Angeles, CA 90034

    --beds
    --baths
    3,452sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $1,805,300 Zestimate®
    $536/sqft
    $5,076 Estimated rent

    What's special

    Drastically reduced price! Now offering a 5.8% cap rate with room for even greater returns. Incredible value-add opportunity! This fully renovated four-unit property comes with RTI permits for two additional units, maximizing its potential. Each existing unit features 2 bedrooms and 1 bath, with top-to-bottom upgrades including new plumbing, electrical, modern heating & A/C systems, and tankless water heaters. Brand-new doors, windows, and flooring complete the transformation. Every unit is equipped with in-unit laundry, a dishwasher, stove, oven, microwave, and refrigerator. The property also offers off-street parking and individually metered gas and electricity for each unit. Approved plans allow for two additional units at the rear—a 1-bedroom, 1-bath, and a 2-bedroom, 1-bath—providing even more income potential. An existing garage structure presents further opportunities—convert it to additional units, utilize it for parking, or reimagine it for increased revenue. With strong rental income already in place, this is a prime investment with no waiting period for returns. Don’t miss your chance to capitalize on this exceptional real estate opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2025 at 09:24am

    Listing Provided by:

    Jill Fischer-Politz DRE #00907458 818-231-9207,

    The ONE Luxury Properties

    Bought with:

    Sihin Tessema, DRE #01502923

    AIE Realty Inc

    Source: CRMLS,MLS#: SR24253114MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Ductless
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Tankless Water Heater, Dryer, Washer
    Features
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,452
    • Total interior livable area: 3,452 sqft

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,497 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5065010025
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: See Remarks
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & neighborhood

    Community
    • Community features: Suburban, Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 9048

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional
    Services availability
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    Estimated market value

    $1,805,300