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    2647 Chelsea St, Unit 4 Los Angeles, CA 90033

    For Sale
    $999,999

    Income-generating 4-unit property in a high-demand Los Angeles rental area.

    Property size:
    3,314 SF
    Lot size:
    0.16 Acres

    Property Features for 2647 Chelsea St

    General Information

    Size
    3,314 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1964

    Source: KW Executive Agent Patricia Covarrubias

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Los Angeles Area Quadplex

    This well-maintained 4-unit property presents an investment opportunity in a convenient Los Angeles location. The property is a short drive from Downtown Los Angeles and is near shopping centers, schools, public transportation, hospitals, and major freeways. The property features long-term tenants, a recently painted exterior, and artificial turf for low-maintenance landscaping. Ample parking is available for tenants and guests. There is potential to add an on-site laundry area and the possibility of additional development; buyers should verify this with the city. The property is subject to rent control regulations. The property size is 3314 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.19893
    Latitude
    34.05629

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    FAQs

    What type of property is this?
    Quadplex - Income-generating 4-unit property in a high-demand Los Angeles rental area.
    Where is this quadplex located?
    The property is located at 2647 Chelsea St, Unit 4 Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Prime Location: Close to Downtown Los Angeles, shopping, schools, transportation, hospitals, and freeways.; - Income-Generating 4-plex: Well-maintained with long-term tenants.; - Ample Parking: Sufficient space for tenants and guests.
    (626) 926-3551
    Request Owner's contact information
    2647 Chelsea St, Unit 4 Los Angeles, CA 90033
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    Los Angeles, CA 90033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2647 Chelsea St, Unit 4 Los Angeles, CA 90033
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