3422 CHAPMAN Street, Los Angeles, CA 90065

About this property

SELLER HAS IDENTIFIED UPLEGS - SUBMIT OFFERS! NON-RENT CONTROL W/VIEWS IN RAPIDLY GENTRIFYING GLASSELL PARK AKA NELA. The property consists of 12 apt units averaging 840 SF each (per title), with 10,092 SF situated on a 10,560 SF lot. Built in 1990, this property provides a rare opportunity to acquire a non rent controlled building with tremendous rental upside in highly sought after Northeast LA. The unit mix is as follows: Six 1Br + 1Ba apts and Six 2Br + 2Ba apts. Other property features include newer fire sprinklers, newer electronic parking gate, dishwashers in units, excellent open layouts, master bdrms w/in suite bathrooms & double sinks, laundry room, sep. gas & electric meters, central boiler and 21 gated parking spaces.

Listing description from the August 2015 sale, as reported to CRMLS.

Sale history

$2,100,008

Sold August 2015 · listed $2,198,000, orig. $2,300,000, on market March 2015 · MLS #15887341 · Source: CRMLS

Listing Agent: Dana Coronado · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Johnny Cho · M&M Properties

$1,460,000

Sold October 2012 · listed $1,469,000, orig. $1,499,000, on market May 2012 · MLS #F12055565 · Source: CRMLS

Listing Agent: Anie Mayelian · Listing Office: Keller Williams Encino-Sherman · Contact: 818-380-5100 · Bought with: Anie Mayelian · Keller Williams Encino-Sherman

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