2505 Chelsea, Los Angeles, CA 90033
- $699,000
Listed by Carmen Martinez, from Compass
(If provided) CoList: from
- List Price
- $699,000
- MLS#
- CRAR26194839
- Status
- ACTIVE
- Lot Size
- 7,971
- Listing Area
- Boyh - Boyle Heights
- Year Built
- 1924
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.
Additional Information
- Cooling System
- None
- Heating System
- Wall Furnace
- Laundry Facilities
- In Laundry Room
- Lot Size
- 7,971
- Neighborhood
- Boyh - Boyle Heights
- Pool Description
- 31, None
- Unincorporated Yn
- Yes
- View
- 30
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