CA > Los Angeles
Los Angeles, CA 90065,3330 Chapman St
Los Angeles, CA 90065,3330 Chapman St
Los Angeles, CA 90065,3330 Chapman St
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,995,000
Est. payment /mo
12 Beds
12 Baths
7,018 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,018 sqft

Price per Sqft $284

MLS Listing ID 25-482855

Bedrooms 12

Year Built 1963

Lot Size 9,612 Sqft

Acres 0.2207

Property Sub-Type Multi-Family

Property Description

Available for only $166,250 per unit, the property allows a new investor to capitalize on approximately 73% rent upside. Energy costs are reduced by the tankless water heaters that have been installed at the building. The current owner has also already completed all seismic retrofit repairs, benefitting a new investor by bringing the property into compliance and saving them from an otherwise costly capital expense. Situated across from Forest Lawn, near the intersection of Fletcher Drive and San Fernando Road, the building allows tenants convenient access to trendy and emerging areas such as Los Feliz, Glendale, Atwater Village, Mount Washington, and Highland Park. The high-end Americana at Brand shopping center and the recently revitalized Glendale Galleria are both within two miles, as are Griffith Park and Occidental College. The multimillion dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is just west of the property.

Location

State CA

County Los Angeles

Area Glassell Park

Zoning LARD2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Assigned

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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