Home | Los Angeles County | Los Angeles | 90065 | 3324 Chapman
MLS: CRAR26107930 | Status: | Price: $3,995,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 9,613 | 2022 |
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 builder’s original plans—providing a straightforward path to increasing rental income. Ideally located near Glendale,
| Field | Value |
|---|---|
| MLS # | CRAR26107930 |
| MLS Source | California Regional MLS |
| Days on Site | 16 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Matthew Guerra
KW Executive
License #: 02022646
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of May 18, 2026. For the most current information, please contact Matthew Guerra.