
Los Angeles, California 90034
Excellent five-unit investment opportunity featuring a charming front residence with 2 bedrooms and 2 bathrooms, plus four additional 1-bedroom, 1-bathroom units in the rear. Offering a total of 6 bedrooms and 6 bathrooms, this versatile property provides an attractive unit mix with strong income potential. An ideal opportunity for an investor seeking a multifamily asset or an owner-user looking to occupy the front home while generating rental income from the rear units. Conveniently located near shopping, dining, transportation, and major employment centers, 1939 Chariton Street presents a rare opportunity in a desirable central Los Angeles location.
Property is extensive renovation needed.
Built in 1940, this multi-unit property shows significant signs of deferred maintenance and aging systems. While some rooms feature newer laminate flooring and one bathroom has a mid-range renovation, the kitchens are in poor condition with missing cabinet doors, dated tile, and old appliances. The use of wall heaters instead of central HVAC and the presence of popcorn ceilings further indicate the need for a comprehensive interior rehab.
The property features a unique unit mix including a 2-bedroom front residence and four 1-bedroom units, making it ideal for owner-users seeking rental income or investors looking for a multi-family asset.
Situated in the desirable Beverlywood Vicinity, the property offers excellent proximity to major employment centers, shopping, dining, and public transportation hubs.
With five total units and over 3,700 square feet of living space on a 6,301 sqft lot, the property provides a substantial footprint and strong income-generating capacity at a competitive price point.
Originally constructed in 1940, the property may require significant capital improvements or modernization of major systems to meet contemporary standards and maximize market rents.
The assigned elementary and middle schools carry lower performance ratings (4/10), which could impact long-term appeal for families with school-aged children.
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 |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 3,739 | 4,165.789 |
| Lot Size | 6,301 | 6,696 |
| Price | $1.40M | $956.9K |
| Price per sq ft | $374 | $273 |
| Built year | 1940 | 1937 |
| HOA | $0 | $907 |
| Days on market | 32 | 134 |
Oct 8, 2026
$1,400,000
Initial Listing
Oct 5, 1972
$48,000
Public Record