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This Multifamily Property is no longer advertised on LoopNet.com.
2505 Chelsea St
Los Angeles, CA 90033
Multifamily Property For Sale
·
5 Units

Investment Highlights
- Prime Northeast Los Angeles Location Two (2) Blocks from USC Medical Center
- Incredible Rental Upside Potential - 8.61 Pro Forma GRM
- Large 7,968 SF Lot with a Backyard for Endless Value-Add Possibilities
- Potential for Student Housing - Young Professional Demographic
- Potential to Add at Least One (1) ADU Unit
- Three (3) Detached Bungalow Style Buildings - Ample On-Site Parking Available
Property Facts
| No. Units | 5 | Building Size | 2,478 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 2.02/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,478 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1924 |
| Parking Ratio | 2.02/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | $1,046 | - |
Property Taxes
| Parcel Number | 5202-010-020 | Improvements Assessment | $206,952 |
| Land Assessment | $555,142 | Total Assessment | $762,094 |
Property Taxes
Parcel Number
5202-010-020
Land Assessment
$555,142
Improvements Assessment
$206,952
Total Assessment
$762,094
Listing ID: 27295380
Date on Market: 12/12/2022
Last Updated:
Address: 2505 Chelsea St, Los Angeles, CA 90033
The Lincoln Heights Multifamily Property at 2505 Chelsea St, Los Angeles, CA 90033 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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