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2033 Chariton St, Los Angeles, CA 90034
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2033 Chariton St Los Angeles, CA 90034

$4,400,000 Sold Price as of 12/14/2023
  • 29 Beds
  • 22 Baths
  • 13,552 Sq.Ft.
Sold
$4,400,000 Sold Price as of 12/14/2023 Refinance Your Mortgage
Map preview of 2033 Chariton St, Los Angeles, CA 90034

Property Overview: 2033 Chariton St Los Angeles, CA has 29 bedrooms, 22 bathrooms, 13,552 living square feet and 12,596 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Huge 350k Price Reduction! 18-Unit building in Prime Pico-Robertson/Palms area priced at only $258k/door and $343/SF. Amazing Current Cap Rate of 5.5% and 12.5 GRM with an incredible 93% upside to 12.4% Cap Rate and 6.5 GRM on Proforma. The property features 5 fully renovated units consisting of 2 remodeled units plus 3 brand-new attached ADUs. Large unit mix consisting of 3 (3bed/2bath), 1 (2bed/2bath), 5 (2bed/1bath), 8 (1bed/1bath), and 1 (studio/1bath) unit. Individually metered for gas & electricity. 5 units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. This property is located in the heart of the Pico-Robertson/Palms area just minutes away from Beverly Hills, Culver City, West Side, and one block from Kaiser Permanente Medical Center. The building's prime location is within easy reach of local shops, restaurants, and public transportation, making it an ideal choice for tenants seeking a central and convenient lifestyle.

Listed by Benjamin Lewin | BRE #02040686 | Marcus & Millichap
Last checked: 11 minutes ago | Last updated: December 14th, 2023 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
12,596
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23321893
City
Los Angeles
County
Los Angeles
Time on Site
206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 18
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,448
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,493
  • Total Rent: $11,943
  • Pro Forma/Market Rent: $22,080
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,578
  • Total Rent: $7,888
  • Pro Forma/Market Rent: $17,520
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,379
  • Total Rent: $1,379
  • Pro Forma/Market Rent: $3,504
Unit Breakdown 5
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,329
  • Total Rent: $6,987
  • Pro Forma/Market Rent: $13,464
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.53%
  • Gross Rent Multiplier: 12.48
  • Gross Scheduled Income: --
  • Net Operating Income: $256,936
  • Gross Operating Income: $362,078
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2033 Chariton St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Driveway, Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 18
  • Parcel Number: UNAVAILABLE
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: One block west of La Cienega and north of 10 fwy
View more facts & features

Local Los Angeles Agent

Sale History for 2033 Chariton St

Last sold for $4,400,000 on December 14th, 2023

  • December, 2023

  • Dec 14, 2023

    Date

    Sold

    CRMLS: 23321893

    $4,400,000

    Price

  • Oct 16, 2023

    Date

    Active

    CRMLS: 23321893

    $4,650,000

    Price

  • October, 2023

  • Oct 13, 2023

    Date

    Canceled

    CRMLS: 23314847

    $4,650,000

    Price

  • Sep 25, 2023

    Date

    Active

    CRMLS: 23314847

    $4,650,000

    Price

  • Listing provided courtesy of CRMLS

    Huge 350k Price Reduction! 18-Unit building in Prime Pico-Robertson/Palms area priced at only $258k/door and $343/SF. Amazing Current Cap Rate of 5.1% and 13.3 GRM with an incredible 75% upside to 10.3% Cap Rate and 7.5 GRM on Proforma. The property features 5 fully renovated units consisting of 2 remodeled units plus 3 vacant brand-new attached ADUs. Large unit mix consisting of 3 (3bed/2bath), 1 (2bed/2bath), 5 (2bed/1bath), 8 (1bed/1bath), and 1 (studio/1bath) unit. Individually metered for gas & electricity. 5 units have been completely renovated and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. This property is located in the heart of the Pico-Robertson/Palms area just minutes away from Beverly Hills, Culver City, West Side, and one block from Kaiser Permanente Medical Center. The building's prime location is within easy reach of local shops, restaurants, and public transportation, making it an ideal choice for tenants seeking a central and convenient lifestyle.

  • August, 2023

  • Aug 6, 2023

    Date

    Canceled

    CRMLS: 23282135

    $4,750,000

    Price

  • Jun 19, 2023

    Date

    Active

    CRMLS: 23282135

    $4,995,000

    Price

  • Listing provided courtesy of CRMLS

    Huge $250k Price Reduction! 18-Unit building in Prime Pico-Robertson/Palms area priced at only $263k/door and $353/SF. Amazing Current Cap Rate of 5% and 13.8 GRM with an incredible 79% upside to 10.2% Cap Rate and 7.7 GRM on Proforma. The property features 4 fully renovated vacancies with permits, including 1 (3 bed/2 bath) vacant unit plus three vacant brand-new attached ADUs. A large unit mix consisting of 3 (3 bed/2 bath), 1 (2 bed/2 bath), 5 (2 bed/1 bath), 8 (1 bed/1 bath), and 1 (studio/1 bath) units. Each unit is individually metered for gas & electricity. All vacancies have been completely renovated with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, bathrooms, stainless steel appliances, and significant exterior capital improvements. Amenities include a renovated courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. This property is located in the heart of the Pico-Robertson/Palms area, just minutes from Beverly Hills, Culver City, West Side, and one block from Kaiser Permanente Medical Center. The building's prime location is within easy reach of local shops, restaurants, and public transportation, making it an ideal choice for tenants seeking a central and convenient lifestyle.

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Tax History for 2033 Chariton St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2033 Chariton St sold on December 14, 2023 for 290.76% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $343.12 per/sqft which puts the price per square foot 54.55% lower than the current median sale per square foot for the city of Los Angeles.

About 2033 Chariton St

Detailed summary of property

2033 Chariton St is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 29 bedrooms, 22 bathrooms, roughly 13,552 living square feet, and sits on an approximately 12,596 square foot lot. 2033 Chariton St was first listed on ArdentRealEstateGroup.com on October 16, 2023. The homeowner sold the property for $4,400,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 290.76% higher than the current median priced home. Local homes that are currently for sale include 3749 Westwood Blvd, 1876 Buckingham Rd and 2340 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2033 Chariton St has a days on market of 49 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2033 Chariton St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2033 Chariton St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

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

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