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$699,000
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Property Description
OPPORTUNITY IS KNOCKING! Prime 5 unit investment opportunity centrally located near KECK USC and a plethora of schools and health departments/buildings in Boyle Heights. This property can easily add two more units, which can be two stories, there is land and opportunity! Tenants have been living here month-to-month under LA rent stabilization. Strong rental upside potential with improvements. Property needs TLC, including roof repair in one unit, making this an ideal repositioning project for experienced investors. Sale includes additional land with permits in place to build two 2 story units. A rare opportunity to increase density and long-term income. Do not disturb tenants. Close to the 10 and 5 freeways, shopping and transportation.
Full Property Details
Full Property Details for 2505 Chelsea
General
- Price: $699,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26194839
- Updated: 9/11/2026
- Days on Market: 12 days
- Added to Site: 12 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: North of Soto St, off the 10 fwy
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Square Feet: 2,478
- Year Built: 1924
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Peek-a-Boo
- Lot Size (Acres): 0.183
- Lot Size (Sq. Ft.): 7,971
- Lot Size Source: Assessor
Financial Considerations
- Price Per Sq. Ft.: $282.08
- Price Per Unit: 139800
Listed by Compass, Carmen Martinez
Get Pre-Approved Today
Schools
Schools serving 2505 Chelsea
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Murchison Street Elementary School 1501 Murchison Street, Los Angeles, CA 90033 | PK-6 | 0.3 mi |
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032 | 6-8 | 2.1 mi |
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032 | 9-12 | 1.2 mi |
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2505 Chelsea
Date
Details
Price
Change
Source
9/04/2026
Listed
$699,000
16.5%
MLS
10/06/2017
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2505 Chelsea
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,001
—
$777,335
2%
2025
$10,001
11%
$762,094
14%
2024
$8,972
2%
$669,307
2%
2023
$8,812
9%
$656,184
2%
2022
$8,089
1%
$643,319
2%
2021
$7,985
-1%
$630,706
1%
2020
$8,060
4%
$624,240
2%
2019
$7,755
2%
$612,000
2%
2018
$7,628
557%
$600,000
906%
2017
$1,161
5%
$59,665
2%
2016
$1,109
1%
$58,496
2%
2015
$1,099
-3%
$57,619
2%
2014
$1,138
—
$56,491
—
2013
$1,138
—
$56,237
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2505 Chelsea
2505 Chelsea, Los Angeles, CA 90033 (MLS# AR26194839) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 2505 Chelsea is currently listed for $699,000 and was received on September 04, 2026. Want to learn more about 2505 Chelsea? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

