1921 Chariton Street, Los Angeles, California 90034, Los Angeles, 90034 - 0 bed, 0 bath
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Los Angeles, California 90034
This Spanish-style Quadruplex Asset is a Strong Value Opportunity, listed at $2,249,875—positioned well below the $2,369,922 Fair Market Value by 5%. This valuation gap provides $120,047 in Instant Equity for incoming buyers. Featuring a Condition Rating of 4, the property offers a 3-bedroom main residence and three 1-bedroom units with LARD2 Zoning and a private patio. Located near Alexander Hamilton Senior High, this character-rich property is ideal for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting the Wilshire Vista market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1921 Chariton Street Subject | $2,249,875* List Price | 0 | 0 | 3,581 | $662 | - |
A 3252 Cattaraugus Avenue Active | $1,725,000 List Price | 0 | 0 | 2,331 | $740 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this multi-unit property is well-maintained but shows clear signs of age. While the kitchen has been partially updated with stone countertops and some newer appliances, the cabinetry, bathroom fixtures, and overall interior finishes are dated and likely reflect renovations from 15-25 years ago. The property is functional and move-in ready for tenants, but requires modernization to meet current high-end quality standards.
The mix of a large 3-bedroom front residence and three 1-bedroom rear units offers a rare opportunity for an owner-user to live in a character home while generating significant rental income.
Located in the high-demand Wilshire Vista/Miracle Mile area, this well-maintained 1940s Spanish-style asset features original hardwood floors and classic details that command premium tenant interest.
The property is fully gated and provides ample parking with designated carports for all units plus a private driveway for the main house, a highly valuable and rare commodity in central Los Angeles.
As a fully occupied multi-unit property in Los Angeles, it is likely subject to Rent Stabilization Ordinance (RSO) protections, which can limit immediate rent increases to market rates.
While pride-of-ownership is evident, the 1942 construction may necessitate ongoing capital expenditures for aging plumbing, electrical, or structural systems common in historic Spanish-style buildings.
**Amazing Opportunity!**Zoned:LARD2 Well-maintained 1940s Spanish-style four-unit property located in the highly desirable Wilshire Vista / Miracle Mile neighborhood. This pride-of-ownership asset features a front main residence plus three rear one-bedroom units, offering an excellent opportunity for both owner-users and investors. The front home offers 3 bedrooms and 1.5 bathrooms, showcasing classic Spanish architectural details, original hardwood floors, and a functional, well-proportioned layout. The three rear units each feature 1 bedroom and 1 bathroom, each with individual charm and thoughtful updates. The property is fully occupied and includes shared patio space and on-site laundry facilities. Each rear unit has its own designated carport parking space, with access from the rear alley. The front residence features a private driveway off Chariton Street leading to a spacious carport, large enough to accommodate two or more vehicles.The property is fully gated, with secured access from both the front and rear entrances. Ideally situated near shopping, dining, entertainment, and major transportation corridors, this property presents strong income potential with long-term appreciation upside. A rare opportunity to acquire a character-rich multi-unit asset in a prime central location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 5.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,581 | 3,581 | 50% |
| Lot Size | 6,439 | 6,439 | 50% |
| Price | $2.25M | $2.25M | 50% |
| Price per sq ft | $628 | $511 | 67% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 72 | 238 | 33% |
Feb 9, 2026
$2,249,875
Initial Listing
May 27, 2003
$575,000
Public Record