2615 Chariton St, Los Angeles, CA 90034
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2615 Chariton St Los Angeles, CA 90034

$2,500,000
  • 11 Beds
  • 9 Baths
  • 6,008 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified

Map preview of 2615 Chariton St, Los Angeles, CA 90034

Property Overview: 2615 Chariton St Los Angeles, CA has 11 bedrooms, 9 bathrooms, 6,008 living square feet and 7,476 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A 9 units apartment building located at 2615 Chariton St, Los Angeles 90034. Unit mix consists of (3) Studios, (1) One Bed/One Bath and (5) Two Bed/Two Bath. Just 1.5 miles to the revitalized Culver City Arts District and the newly constructed Metro Hub and major motion picture studios including Sony Pictures. There are tens of thousands of creative and production jobs within a 5-mile radius including Culver Studios, NPR, WeWork and hundreds of small and medium size design studios, photo stages and marketing firms including UCLA's new School of Arts & Architecture campus which is near completion. Centrally located with great markets, restaurants and microbreweries with easy access to the 405, 10, 110 FWY and metro rail lines - just 8 miles to DTLA, the Staple Center as well as Silicon Beach and Santa Monica to the West. Property is in a TOC. It has Tier 1 status. NEXTDOOR BUILDING 2621 IS ALSO FOR SALE TOO THAT COULD BE COMBINED FOR BIGGER PROJECT.

Listed by Mansour Bigdeli | BRE #01328403 | Century 21 Union Realty
Last checked: 3 minutes ago | Last updated: May 6th, 2024 | Source CRMLS | DOM: 180
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Home details

Lot Sq. Ft
7,476
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SB23208521
City
Los Angeles
County
Los Angeles
Time on Site
181 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Leased Units: 9
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $860
  • Total Rent: $860
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,292
  • Total Rent: $1,292
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,292
  • Total Rent: $1,292
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,199
  • Total Rent: $2,199
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $624
  • Total Rent: $624
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,215
  • Total Rent: $1,215
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,327
  • Total Rent: $1,327
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,295
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,299
  • Total Rent: $1,299
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.36%
  • Gross Rent Multiplier: 19.16
  • Gross Scheduled Income: $135,731
  • Net Operating Income: $87,352
  • Gross Operating Income: $135,731
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $48,379
  • Electric: $1,459
  • Gas/Fuel: $2,852
  • Licenses: $155
  • New Taxes: $32,500
  • Trash: $0
  • Gardener: $900
  • Insurance: $2,800
  • Professional Management: $0
  • Water/Sewer: $7,713

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Property Details for 2615 Chariton St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 5065010027
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Venice Blvd, just West of La Cienega Near Culver City Art District
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2615 Chariton St

Last sold on July 28th, 2020
  • November, 2023

  • Nov 9, 2023

    Date

    Active

    CRMLS: SB23208521

    $2,850,000

    Price

  • July, 2020

  • Jul 28, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 26, 2019

    Date

    Sold

    CRMLS: 19430396

    $2,100,000

    Price

  • Mar 9, 2019

    Date

    Pending

    CRMLS: 19430396

    $2,300,000

    Price

  • Feb 5, 2019

    Date

    Active

    CRMLS: 19430396

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    For sale, a (9) unit apartment building located at 2615 Chariton St, Los Angeles 90034. Unit mix consists of (3) Studios, (1) One Bed/One Bath and (5) Two Bed/Two Bath. Just 1.5 miles to the revitalized Culver City Arts District and the newly constructed Metro Hub and major motion picture studios including Sony Pictures. There are tens of thousands of creative and production jobs within a 5-mile radius including Culver Studios, NPR, WeWork and hundreds of small and medium size design studios, photo stages and marketing firms including UCLA's new School of Arts & Architecture campus which is near completion. Centrally located with great markets, restaurants and microbreweries with easy access to the 405, 10, 110 frwys and metro rail lines - just 8 miles to DTLA, the Staple Center as well as Silicon Beach and Santa Monica to the West. Text listing agent for rent roll. ZIMAS report shows that the property is in a TOC. It has Tier 1 status which afford a 50% bonus density.

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Tax History for 2615 Chariton St

Assessed Value (2020): $2,146,650
Year Land Value Improved Value Assessed Value
2020 $918,000 $1,228,650 $2,146,650

Home Value Compared to the Market

This property vs the competition

2615 Chariton St is listed 102.43% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $416.11 per/sqft which puts the price per square foot 46.24% lower than the median price per square foot for the city of Los Angeles.

About 2615 Chariton St

Detailed summary of property

2615 Chariton St is a apartment located in Los Angeles, CA 90034 and is currently for sale. This apartment offers 11 bedrooms, 9 bathrooms, roughly 6,008 living square feet, and sits on an approximately 7,476 square foot lot. 2615 Chariton St was first listed on ArdentRealEstateGroup.com on November 9, 2023. The homeowner is currently asking $2,500,000 and was originally asking $2,850,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 102.43% higher than the median priced home. Local competing homes currently for sale include 2942 S Orange Dr, 2938 S Orange Dr and 1074 S Genesee Ave. While the average home in Los Angeles, CA is selling in 94 days, 2615 Chariton St has a days on market of 180 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 2615 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 2615 Chariton St

Public county record property details
Beds
11
Baths
9
Year built
1962
Sq. Ft.
6,008
Lot Size
7,473
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5065-010-027

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.