3324 Chapman, Los Angeles, CA 90065
Local realty services provided by:ERA North Orange County Real Estate
3324 Chapman,Los Angeles, CA 90065
$3,995,000
- 9 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: matthew guerra
Office: kw executive
MLS#:AR26107930
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,995,000
About this home
3324 N Chapman Street presents a prime multifamily investment opportunity in a high-demand Los Angeles rental market. Built in 2022, the property is exempt from both local Los Angeles rent control and statewide AB 1482 (buyers/brokers/agents to verify), providing investors with rare operational flexibility in a supply-constrained housing market. The property offers approximately 32.33% rental upside, allowing new ownership to significantly increase income while enhancing long-term value. The investment is further enhanced by attractive seller financing. The property includes an assumable first loan of approximately $2,200,000 at a 4.5% fixed interest rate through September 2027, and the seller is willing to carry a second position loan with low monthly payments, creating favorable leverage for a new buyer. Additionally, the site provides the potential to develop up to 7 additional units, creating further upside through expansion. The unit mix consists of two spacious 3-bedroom units and six 2-bedroom units. Notably, three of the existing 2-bedroom units were originally designed as 3-bedroom units, and can easily be converted back by adding a wall according to the builders original plansproviding a straightforward path to increasing rental income. Ideally located near Glendale, Los Feliz, and Atwater Village, the property benefits from proximity to major employment centers, retail, dining, and entertainment throughout the greater Los Angeles area. This is a rare opportunity to acquire a new construction, low-maintenance apartment community with immediate cash flow and substa...
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Home facts
- Listing ID #:AR26107930
- Added:1 day(s) ago
- Updated:May 19, 2026 at 01:30 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:8
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$3,995,000
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