2505 Chelsea
Los Angeles, CA 90033
5
Bed
5
Bath
7,971Sqft(Lot)
OPPORTUNITY IS KNOCKING! Prime 5 unit investment opportunity centrally located near KECK USC and a plethora of schools and health departments/buildings in Boyle Heights. This property can easily add two more units, which can be two stories, there is land and opportunity! Tenants have been living here month-to-month under LA rent stabilization. Strong rental upside potential with improvements. Property needs TLC, including roof repair in one unit, making this an ideal repositioning project for experienced investors. Sale includes additional land with permits in place to build two 2 story units. A rare opportunity to increase density and long-term income. Do not disturb tenants. Close to the 10 and 5 freeways, shopping and transportation.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: WallFurnace Cooling: None
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Building Information
Year Built: 1924Building Area Total: 2478Pool Features: NonePrivate Pool: NoView: PeekABoo
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Lot Information
Main Square Feet: 7971 Lot Size Acres: 0.183 Lot Size Source: Assessor Lot Size Square Feet: 7,971
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Listing Price Information
Listing Price: $699000Cash
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Tax Information
Parcel Number: 5202010020 Tax Lot: 9 Tax Block: 8
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Utility Information
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected -
Location Information
Direction: North of Soto St, off the 10 fwy WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1440 Tremont, Los Angeles, CA, 90033 | $1,288,000 | -- | -- | 4,836 | 7,503 Sqft |
| 1517 Ricardo, Los Angeles, CA, 90033 | $975,000 | 2 | 1 | 794 | 7,501 Sqft |
| 1450 Ricardo #1450, Los Angeles, CA, 90033 | $449,000 | 2 | 1 | 800 | 7,504 Sqft |
| 2746 Wabash Avenue, Los Angeles, CA, 90033 | $790,000 | 5 | 4 | 2,249 | 5,918 Sqft |
| 2811 Winter, Los Angeles, CA, 90033 | $699,000 | 3 | 1 | 1,302 | 5,854 Sqft |
| 2440 Wabash Avenue, Los Angeles, CA, 90033 | $745,000 | 5 | 5 | 2,756 | 8,066 Sqft |
| 1151 1153 Cornwell Street, Los Angeles, CA, 90033 | $1,170,000 | -- | -- | 3,682 | 10,367 Sqft |
| 2505 Malabar, Los Angeles, CA, 90033 | $1,100,000 | 1 | 1 | -- | 7,004 Sqft |
| 2427 Houston, Los Angeles, CA, 90033 | $1,049,000 | 1 | 1 | -- | 7,003 Sqft |
| 701 N Fickett, Los Angeles, CA, 90033 | $1,250,000 | -- | -- | -- | 6,950 Sqft |
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ByOwner last updated this listing 09/05/2026 @ 17:50
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