• 9,096 sq.ft.
  • 16,388 sq.ft. lot
offered at $4,150,000
Status: Pending // Property Type:
County: Los Angeles // Year Built: 1929

Property Description

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.

Listing Courtesy of Zachary Freehling, Coldwell Banker Residential Br

  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of March 7, 2019. 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, 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.