2505 Chelsea Los Angeles CA 90033 | MLS #AR26194839
Unmatched Value-Add Density Expansion in Boyle Heights! Located blocks from the Keck School of Medicine of USC Hospital, this unique corner-lot residential income property features 5 detached/semi-detached 1BD/1BA units on an expansive ±7,971 SF parcel. Perfect for a 1031 exchange or seasoned developer looking to skip the municipal red tape: LADBS plan checks are already completed for 2 brand-new, 2-story detached units (892 SF & 894 SF). While the 5 existing character units built in 1924 offer consistent historical occupancy under LARSO, the 2 new construction units qualify for full Costa-Hawkins exemptions—bypassing legacy rent-control caps to allow immediate market-rate cash flow. Driveway access accommodates future parking allocations seamlessly. Transform this asset from a stable 2.93% current cap into a massive 10.4% projected stabilized return. Sold “As-Is” with all plans and engineering conveyed at close.
Property Details
Price:
$699,000
MLS #:
AR26194839
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Studio
Neighborhood:
boyhboyleheights
Listed Date:
Sep 4, 2026
Total Sq Ft:
2,478
Lot Size:
7,971 sqft / 0.18 acres (approx)
Year Built:
1924
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
IR
Exterior
Common Walls
_2CW
Community Features
SDW, URB, CRB
Spa Features
NO
View
PE
Financial
Map
Community
- Address2505 Chelsea Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 27003
- Beachwood Canyon
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Castle Heights
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Downtown
- Edgewater Towers
- Evo
- Hacienda Tularosa
- Hollywood Dell
- Jefferson Park
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable-105
- Not in Development
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Park Plaza 57
- Picfair Village
- Pickford Court
- Savoy
- SB Grand
- Silver Strand
- Subdivision Name / Tract: 5609
- The ERB
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TR 337
- TRACT # 8560 LOT 16 BLK 11
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Upper Riviera
- Westmont WMON
- Winton & McLeod Figueroa St. Tract
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 02, 2026
9,338
Single Family Listed
85
Avg DOM
437
Avg $ / SqFt
$1,575,806
Avg List Price
Property Summary
- 2505 Chelsea Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90033. It is listed for $699,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Los Angeles is $437. The average listing price for Single Family in Los Angeles is $1,575,806. To schedule a showing of MLS#ar26194839 at 2505 Chelsea in Los Angeles, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.2505 Chelsea
Los Angeles, CA