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2033 Chariton Street
Los Angeles, CA 90034
Sold
2033 Chariton Street
Los Angeles, CA 90034
Sold
Huge 350k Price Reduction! 18-Unit building in Prime Pico-Robertson/Palms area priced at only $258k/door and $343/SF. Amazing Current Cap Rate of 5.5% and 12.5 GRM with an incredible 93% upside to 12.4% Cap Rate and 6.5 GRM on Proforma. The property features 5 fully renovated units consisting of 2 remodeled units plus 3 brand-new attached ADUs. Large unit mix consisting of 3 (3bed/2bath), 1 (2bed/2bath), 5 (2bed/1bath), 8 (1bed/1bath), and 1 (studio/1bath) unit. Individually metered for gas & electricity. 5 units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. This property is located in the heart of the Pico-Robertson/Palms area just minutes away from Beverly Hills, Culver City, West Side, and one block from Kaiser Permanente Medical Center. The building's prime location is within easy reach of local shops, restaurants, and public transportation, making it an ideal choice for tenants seeking a central and convenient lifestyle.
PROPERTY INFORMATION
| MLS # | 23321893 | Lot Size | 12,596 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 4,650,000
Price Per SqFt: $ 343 |
DOM | 566 Days |
| Address | 2033 Chariton Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 13,552 Sq. Ft. |
| Postal Code | 90034 | Garage | N/A |
| County | Los Angeles | Year Built | 1961 |
| Bed / Bath | 29 / 0 | Parking | 12 |
| Built In | 1961 | Status | Closed |
| Sold Date | 2023-12-14 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,960
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/24/2023 | Listed | $4,650,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Benjamin Lewin, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
