2505 Chelsea Los Angeles, CA 90033

Building Details

Year Built

1924

Listing agency DYNASTY REAL ESTATE Show Phone

Listed by Monica Munive · License #02131292 Show Phone

Source Exitrealty

Added: Feb 19 Updated: Jul 21 at 11:17PM Checked: Jul 22 at 4:21AM

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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

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FAQs

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