Los Angeles, CA 90065,3330 Chapman ST
Los Angeles, CA 90065,3330 Chapman ST
Los Angeles, CA 90065,3330 Chapman ST
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$1,995,000
Est. payment /mo
12 Beds
12 Baths
7,018 SqFt
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UPDATED:

01/16/2025 10:44 PM

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


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California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
agent

John Labick

Broker Associate | License ID: 01991075

+1(661) 212-1339

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3330 Chapman ST