2625 Chariton Street

Los Angeles, CA 90034

PRICE REDUCED

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-$355,000 (-15.78%)

$1,895,000

List Price

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1947

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Property Description

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!

Listing Information

List Price $1,895,000
Status Active
MLS SR24253114
Type Residential Income
Subtype Apartment
Year Built 1947
Lot Size 7,497
Structure Size N/A
DOM 71
Courtesy Of The ONE Luxury Properties
Listing Agent Jill Fischer-Politz DRE#00907458

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features None
Cooling Type
Cooling Type Ductless
Heating Type
Heating Type Ductless

Exterior Information

Other Structures
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home_work Nearby Properties

Listing information courtesy of: Jill Fischer-Politz, The ONE Luxury Properties 818-231-9207. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 4th, 2025 at 12:51 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.