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$2,250,000

Beds
Unknown
sq ft
Unknown

2625 Chariton St, Los Angeles, CA 90034

2625 Chariton St

Los Angeles, CA 90034

  • 3 days on market
Value-Add opportunity! Renovated four-unit property with RTI's for two additional units! Each of the four units features 2 bedrooms and 1 bath. Every unit has undergone a comprehensive overhaul, boasting new plumbing, electrical systems, state-of-the-art heating & A/C, along with tankless water heaters, NEW doors, windows, and flooring. They all have in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator. The property provides off-street parking and separately metered gas and electricity for each unit. The included plans are for two additional units in the rear of the property, with a 1+1 and a 2+1. There is a garage structure on property but currently unused. Modify, scrape and build more units, convert to functional garage for additional income, plenty of possibilities and space to grow! Current rents already provide solid returns, there's no need for lengthy adjustments. Seize this opportunity to own a prime piece of real estate!

Details

Property type

Apartment

Lot size

7,497 sq ft

Price per sq ft

Unknown

Year built

1947

Price History

12/22/2024
CRMLS

CRMLS #SR24253114

Listed
$2,250,000
-4.26%
07/02/2024
CRMLS

CRMLS #SR24065631

Removed
$2,350,000
06/07/2024
CRMLS

CRMLS #SR24065631

Price change
$2,350,000
-6%

Schools & Community

Neighborhood: 

Palms

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pmf Ca Reit Llc

Loan start date

August 2023

Original loan amount

$1,155,000

Est. remaining balance

Not provided

Interest rate

6.69%

Loan type

Commercial, 1 year

Seller

Chariton Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/24/2024 at 11:45 PM

Listing updated: 12/22/2024 at 12:59 PM

Listed by: Jill Fischer-Politz, The ONE Luxury Properties Phone #: (949) 392-5255

MLS: CRMLS #SR24253114

CRMLS logo

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