21 days on rocket

2625 Chariton, Los Angeles, CA, 90034

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2625 Chariton, Los Angeles$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Garage, Paved
Garage4 spaces
Year Built1947
HeatingDuctless
CoolingDuctless
FireplaceNone
MLS #SR24065631
Lot Size0.17 Acres
StatusActive

About 2625 Chariton

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. 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. Residents will find convenience in the in-unit washer and dryer, dishwasher, stove, oven, microwave and refrigerator, ensuring a seamless living experience. The 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. *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. *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. This 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!

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 2

Listing Office:

  • Office Name: Beverly and Company, Inc.
  • Office Phone: (818) 231-9207
  • Listing Agent: Jill Fischer-Politz

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Driveway, Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Ductless

School Info

Assigned Schools Information:

  • Alexander Hamilton Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Shenandoah Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North of Venice Blvd, west of La Cienega

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

2625 Chariton vs Los Angeles

21 DAYS ON ROCKET

-13 Days

$2,500,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24065631

Listing Office:

  • Office Name: Beverly and Company, Inc.
  • Office Phone: (818) 231-9207
  • Listing Agent: Jill Fischer-Politz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3415762
5
/10
  • Shenandoah Street Elementary School

  • 2450 S Shenandoah St

  • 0.33 miles

  • Public District Grades KG-5

school-card-donut-3415763
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.91 miles

  • Public Magnet Grades KG-6

school-card-donut-3415764
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.38 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3415765
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 4.46 miles

  • Public Magnet Grades 6-8

school-card-donut-3415766
4
/10
  • Studio

  • 2211 W Avenue 30

  • 9.49 miles

  • Public District Grades 6-8

High School

school-card-donut-3415767
5
/10
  • Alexander Hamilton Senior High School

  • 2955 S Robertson Blvd

  • 0.68 miles

  • Public Magnet Grades 9-12

school-card-donut-3415768
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 9.61 miles

  • Public Magnet Grades 9-12

school-card-donut-3415769
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.84 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,824. The majority of Los Angeles, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900342625 Chariton

This home is located at 2625 Chariton in Los Angeles, CA and zip code 90034 in the Mid-City neighborhood. This home, which was built in 1947, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $2,500,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 34 days, the median list price was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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