$1,125,000
505 Chicago Street, Los Angeles 90033
10
Beds
5
Baths
4,902
Square feet
7,465
Lot Size
5
# Of Units
Listing Agent
Davis Saadian - Carolwood EstatesWe are pleased to offer for sale this five (5) unit multifamily investment opportunity located at 505 S. Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a raised foundation built in 1905 with a square footage of 4,902 on a 7,500-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of three (3) 2+1.5 units, and two (2) 2+1 units. The subject property is 100% occupied and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, five (5) on-site parking spaces, and individually metered for gas and electricity.
Facts & Features
| MLS® # | 24375637 |
|---|---|
| Price | $1,125,000 |
| Bedrooms | 10 |
| Bathrooms | 5.00 |
| Square Footage | 4,902 |
| Lot Size | 7,465 |
| Year Built | 1905 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 505 Chicago Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | April 3rd, 2024 |
|---|---|
| Days on Market | 32 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Davis Saadian |
|---|---|
| Office | Carolwood Estates |