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3324 Chapman

Los Angeles, CA 90065
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$3,995,000 $16,843/Mo
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Bed 11

Bed

Bath 9

Bath

SqFt9,613

Sqft(Lot)

3324 N Chapman Street presents a prime multifamily investment opportunity in a high-demand Los Angeles rental market. Built in 2022, the property is exempt from both local Los Angeles rent control and statewide AB 1482 (buyers/brokers/agents to verify), providing investors with rare operational flexibility in a supply-constrained housing market. The property offers approximately 32.33% rental upside, allowing new ownership to significantly increase income while enhancing long-term value. The investment is further enhanced by attractive seller financing. The property includes an assumable first loan of approximately $2,200,000 at a 4.5% fixed interest rate through September 2027, and the seller is willing to carry a second position loan with low monthly payments, creating favorable leverage for a new buyer. Additionally, the site provides the potential to develop up to 7 additional units, creating further upside through expansion. The unit mix consists of two spacious 3-bedroom units and six 2-bedroom units. Notably, three of the existing 2-bedroom units were originally designed as 3-bedroom units, and can easily be converted back by adding a wall according to the builder’s original plans—providing a straightforward path to increasing rental income. Ideally located near Glendale, Los Feliz, and Atwater Village, the property benefits from proximity to major employment centers, retail, dining, and entertainment throughout the greater Los Angeles area. This is a rare opportunity to acquire a new construction, low-maintenance apartment community with immediate cash flow and substantial future upside in one of Los Angeles’ most desirable rental corridors.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,995,000

AD Id : 89044538

MLS Id : AR26168951

Beds : 11

Lot Size : 9,613 Sqft

Year Built : 2021

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 2021
    Building Area Total: 8678
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 9613 Lot Size Acres: 0.2207 Lot Size Source: Assessor Lot Size Square Feet: 9,613 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $3995000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031, OwnerMayCarry, Submit

  • Tax Information

    Parcel Number: 5459009017 Tax Lot: 24

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: see maps WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 11:26

MLS: AR26168951 LISTED BY: Matthew Guerra, KW Executive 626-872-2207 SOURCE: CRMLS

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