Search
Five-Unit Apartment Building
For Sale
$800,000

2505 Chelsea, Los Angeles, CA 90033

Five-unit apartment building with month-to-month tenancy, offering an additional parcel with permits for a potential 6th unit.

Property SizeContact for details
Days on Market175

Property Features for 2505 Chelsea

General Information

Standard status Active
Property subtype Commercial/Industrial
Occupancy 100%

Additional Details

Multifamily Units 5

Building Details

Year Built 1924
Listing Agency: DYNASTY REAL ESTATE
Listed By: Monica Munive · License #02131292
Source: Exitrealty
Added: Feb 19 Changed: Aug 12 Last Checked: Aug 11 at 6:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DYNASTY REAL ESTATE

Investment Insights

Based on property information with market context.

This for-sale apartment building consists of five units and is currently occupied with month-to-month tenants, with LA rent stabilization noted in the seller’s remarks (buyer to verify). The property is offered as an investment opportunity and requires TLC, including roof repair in one unit.

The sale also includes an additional parcel with permits in place to build a 6th unit, allowing for potential density expansion. Seller remarks indicate terms may vary depending on whether the buyer acquires both parcels or only the main property. Serious investors only; tenants are not to be disturbed.

Key Highlights

  • 1924‑built 5‑unit apartment building with month‑to‑month tenancy
  • Currently fully occupied and operating with tenants under LA rent stabilization (buyer to verify)
  • Includes an additional parcel with permits in place to build a 6th unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,727
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building with month-to-month tenancy, offering an additional parcel with permits for a potential 6th unit.
Where is this apartment building located?
The property is located at 2505 Chelsea Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 1924‑built 5‑unit apartment building with month‑to‑month tenancy; Currently fully occupied and operating with tenants under LA rent stabilization (buyer to verify); Includes an additional parcel with permits in place to build a 6th unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message