NOT LISTED FOR SALE

2402 Chelsea St Los Angeles, CA 90033

17 Beds
17 Baths
9,096 Sq Ft
0.38 Acres

Last Sold August 02, 2019

Last sale price $3,760,000 $413 Per Sq Ft

31 Days on Market

Highlights

  • 16,388 Sq Ft lot
  • Abraham Lincoln High School Rated A
  • Ceiling Fan

About This Home

As of August 2019

We proudly present the exclusive listing 2402 Chelsea St and 1216 N Soto St. Los Angeles, CA 90033. This unique property is master leased by a Los Angeles City Housing Affiliate for 5 years for a total monthly rent of $27,999. Additionally, the Property sits in a Qualified Opportunity Zone, which provides investors advantageous tax benefits. The property consists of 17 units with a mix of (1+1). The interior of each unit has been significantly updated and renovated including new hardwood flooring, brand new modern appliances, updated copper plumbing, lighting fixtures, open spacious floor plans and washer / dryer hookups, which are available for all units. The exterior of the buildings has also been upgraded with extensive paint and stucco work, considerable concrete ground work throughout, new fencing, upgraded vinyl retrofitted windows and extensive plumbing and electrical upgrades.

Last Agent to Sell the Property

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 02/04/2019

Keller Williams Beverly Hills

Last Buyer's Agent

Zac Freehling

Keller Williams Beverly Hills License #01879326 Listed on: 02/04/2019

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.38 Acre Lot

Interior Spaces

  • 9,096 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Freezer

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 17 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Community Details

  • 4 Buildings
  • 17 Units

Listing and Financial Details

  • Assessor Parcel Number 5202-008-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9096
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 17
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 17.00
  • Den: 0
  • Equipment: Freezer, Refrigerator
  • Price Per S Q F T: 456.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessor Parcel Number: 5202-008-008
  • Geocode Override: No
  • Lot Size Area: 16388

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.16
  • Number Of Units: 17
  • Total Annual Expense: 94652
  • Type Of Units: Multi-family
  • Vacancy Rate: 0%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $3,760,000 -9.4% $413 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $4,150,000 -- $456 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Zac Freehling

    Seller's Agent in 2019

    Zac Freehling

    Keller Williams Beverly Hills

    (310) 829-3939

    16 Total Sales

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Map

Source: The MLS

MLS Number: 19-431052

The MLS

California Los Angeles County Los Angeles 90033

2402 Chelsea St, Los Angeles, CA

This home is located at 2402 Chelsea St, Los Angeles, CA 90033 since 04 February 2019. This property was built in 1929. 2402 Chelsea St is a home located in Los Angeles County with nearby schools including Murchison Street Elementary, El Sereno Middle School, and Woodrow Wilson Senior High.

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