2621 Chariton Street

Los Angeles, CA 90034

$2,290,000
Price
14
Beds
9
Baths
7,006 Sq. Ft.
$327 / Sq. Ft.
7,006
Sq. Ft.
$327
per Sq. Ft.

Description

An 8 unit apartment building investment opportunity located at 2621 Chariton St, Los Angeles 90034. The subject property is located in the very desirable area of Los Angeles just adjacent to Culver City. Great unit mix six (6) two bedrooms +1 Bath, (1) Two bedrooms+1.5 bath and (2) 1 bedroom + 1 bath apartments. Building is situated on a large 7494 Sq. Ft of area lot, R-3 Zone. Property features include balconies or patios for all units, on site laundry facilities, separate gas / electrical meters...An 8 unit apartment building investment opportunity located at 2621 Chariton St, Los Angeles 90034. The subject property is located in the very desirable area of Los Angeles just adjacent to Culver City. Great unit mix six (6) two bedrooms +1 Bath, (1) Two bedrooms+1.5 bath and (2) 1 bedroom + 1 bath apartments. Building is situated on a large 7494 Sq. Ft of area lot, R-3 Zone. Property features include balconies or patios for all units, on site laundry facilities, separate gas / electrical meters and off street parking , close to shopping, dining, school, and entertainment hot spots. Close to Culver City Art District, Silicon Beach and close proximity to 405, 10, 110 freeways and just a short drive to the beach. This offering provides a great opportunity for an investor to be in a prime Culver City adjacent location with Huge upside potential to increase value. Excellent unit mix with approximately 50% upside in the rents.. Great investment property adjacent 9 unit building at 2015 is also for sale by same owner, properties are in TOC and all together they would make a great project to build
  1. Listed by Mansour Bigdeli • DRE #01328403 • Brokerage DRE #00527439 • Century 21 Union Realty • 310-283-4007

Property Details for 2621 Chariton Street

Parking Spaces Total
18
Private Pool
No
Total Units
8.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
7006
Assessor Parcel Number
5065-010-026
Property Attached YN
false
LISTING UPDATED: 10/31/2024 06:58 AM

Property Details for 2621 Chariton Street

StatusActive
MLS #SB23208703
Days on Market357
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
CountyLos Angeles County

Building Information for 2621 Chariton Street

Building/Complex2621 Chariton StFloor-Stories2Residences-Pet Policy-Year Built1963Building Size-

Property Information for 2621 Chariton Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $152,426
  • Gross Scheduled Income: $152,426
  • Vacancy Allowance: 0
  • Gross Operating Income: $152,426
  • Net Operating Income: $104,399
  • Gross Multiplier: 15.0
  • Cap Rate: 4.54
Expense Details
  • Operating Expense: $48,027
  • New Taxes Expense: $30,000
  • Gardener Expense: $900
  • Fuel Expense: $4,976
  • Licenses Expense: $185
  • Electric Expense: $1,424
  • Insurance Expense: $2,801
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $7,741
  • Total Expenses: $48,027
Tax / Assessment Info
  • Tax Area: 67
  • Tax Rate: 1.0
  • Tax Year: 2022
  • Tax Annual Amount: $28,485
  • Tax Block: Q
  • Tax Tract Number: 6447
  • Tax Census Tract: 2702.00
  • CFD/Mello-Roos Fee: $1,253
  • Tax Lot: 25
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 9
  • Uncovered Spaces: 9
  • Open Other Spaces Total: 9
  • Parking Garage Spaces: 9
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,084
  • Unit Type Total Rent: $1,084
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,074
  • Unit Type Total Rent: $1,074
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,071
  • Unit Type Total Rent: $1,071
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,183
  • Unit Type Total Rent: $2,183
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,763
  • Unit Type Total Rent: $1,763
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,868
  • Unit Type Total Rent: $1,868
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,663
  • Unit Type Total Rent: $1,663
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,995
  • Unit Type Total Rent: $1,995
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 2621 Chariton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2621 Chariton Street

Taxable ValueLand$1,749,832Additions$680,959Total$2,430,791
Tax Record2024$30,418 ($2,535 / month)
Home Facts
Total Finished SqFt7,006 SqFtAbove Grade Finished SqFt7,006 SqFtLot Size7,494 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN5065-010-026

Schools near 2621 Chariton Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Shenandoah Street Elementary School
PublicK to 5

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2621 Chariton Street is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on November 9, 2023 by Century 21 Union Realty, it's currently listed at $2,290,000. It has been on the market for a total of 357 days and was last sold on July 5, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Shenandoah Street Elementary School, Mark Twain Middle School and World Languages Magnet and Alexander Hamilton Senior High School. 2621 Chariton Street is a 14-bed, 9-bath, 7,006 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Union Realty, Mansour Bigdeli, DRE #01328403

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.