3330 Chapman Street, Los Angeles CA, 90065

Active

3330 Chapman Street

Los Angeles CA, 90065

$1,995,000

$284.27 per sqft

Active

12 Beds

12 Baths

7,018 sqft

Residential

Built in 1963

Listed by Roderick 'Rick' Raymundo with Marcus & Millichap 213-943-1855

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.

25482855

MLSⓇ ID

January 14, 2025

Listed

January 22, 2025

Updated

Map

3330 Chapman Street
Los Angeles CA, 90065

Interior Features

Total Stories: 2
Bedrooms: 12
Total Bathrooms: 12
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.22 Acres

Other Property Details

Area Name: 623 - Glassel Park
Days on Market: 8
Garage: No
Parking: Assigned
Parking Total: 12
View: No
County: Los Angeles
Pool: No
Zoning: LARD2

Listing Contact: 818-212-2700

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/22/2025 at 2:11 PM UTC