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
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

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

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