2625 CHARITON ST LOS ANGELES, CA 90034

Features

• Price/sqft: $724
• Lot Size: 7495 sq. ft.
• Total Units: 4
• Total Rooms: 9
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
• Stories: 200
• Construction Type: Wood

Facts

• Year Built: 01/01/1947
• Property ID: 859996904
• MLS Number: SR24065631
• Parcel Number: 5065-010-025
• Property Type: Multi-family (5 or more units)
• County: LOS ANGELES
• Legal Description: TRACT # 6447 LOT/SEC 24 BLK/DIV/TWN Q
• Zoning: LAR3
• Listing Status: Active

Foreclosure Info

• Opening Bid: $848,193
• Auction Address: , POMONA

Pre-Foreclosure Info

• Date Defaulted Lien: 11/12/2021
• Amount Defaulted: $840,437
• Recording Date: 11/12/2021
• Recording Year: 2021

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Introducing this renovated four-unit property, nestled in the heart of a coveted Los Angeles neighborhood. Each of the four units features 2 bedrooms and 1 bath, meticulously crafted to offer modern, comfortable living spaces with completely updated interiors.nnEvery 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. Residents will find convenience in the in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator, ensuring a seamless living experience.nnThe property provides off-street parking and separately metered gas and electricity for each unit, offering flexibility and ease in utility management. Its prime location grants effortless access to shopping and transportation hubs, facilitating residents' daily commuting and access to amenities.nn*Investment Opportunity: With current rents already providing solid returns, there's no need for lengthy adjustments. The recent upgrades and prime location promise high-income potential, making it an exceptional investment opportunity in the thriving Los Angeles real estate market. One unit remains vacant, offering the option to increase returns or enjoy owner occupancy.nn*Future Expansion Potential: Additionally, the property comes with Ready-To-Issue (RTI) plans for two additional units, paving the way for future expansion and increased rent potential, adding further value for discerning investors.nnThis property stands as a rare gem, offering updated units, robust income potential with room for growth, convenient amenities, and the possibility of future expansion in one of Los Angeles' most sought-after neighborhoods. Seize this opportunity to own a prime piece of real estate!