2625 Chariton Street Los Angeles, CA 90034
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!
property details
Interior Features
Gas Cooktop
Disposal
Microwave
Refrigerator
Tankless Water Heater
Dryer
Washer
Exterior Features
Utility & Building Info
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Price History
| date | event | price | source |
|---|---|---|---|
|
04/08/2025
04/08/2025
|
Sold |
$1,850,000
|
CA Regional MLS (CRMLS) |
|
03/11/2025
03/11/2025
|
Contingent |
$1,895,000
|
CA Regional MLS (CRMLS) |
|
03/03/2025
03/03/2025
|
Active |
$1,895,000
|
CA Regional MLS (CRMLS) |
|
02/11/2025
02/11/2025
|
Active |
$1,950,000
|
CA Regional MLS (CRMLS) |
|
12/22/2024
12/22/2024
|
Active |
$2,250,000
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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