3330 Chapman ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90065
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,018 sqft
Price per Sqft $284
MLS Listing ID 25482855
Bedrooms 12
HOA Y/N No
Year Built 1963
Lot Size 9,613 Sqft
Property Description
Available for only $166,250 per unit, the property allows a new investor to capitalize on approximately 73% rent upside. Energy costs are reduced by the tankless water heaters that have been installed at the building. The current owner has also already completed all seismic retrofit repairs, benefitting a new investor by bringing the property into compliance and saving them from an otherwise costly capital expense. Situated across from Forest Lawn, near the intersection of Fletcher Drive and San Fernando Road, the building allows tenants convenient access to trendy and emerging areas such as Los Feliz, Glendale, Atwater Village, Mount Washington, and Highland Park. The high-end Americana at Brand shopping center and the recently revitalized Glendale Galleria are both within two miles, as are Griffith Park and Occidental College. The multimillion dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is just west of the property.
Location
State CA
County Los Angeles
Area 623 - Glassel Park
Zoning LARD2
Interior
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 12
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5459009018
Special Listing Condition Standard