2111 Marengo Street, Los Angeles
$895,000 - 4 Beds, 4 BathsMLS® # CV24078891
Edward Ward Acevedo Real Estate Corp
505 Chicago Street, Los Angeles
$1,125,000
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10 Beds
5 Baths
4,902 Sqft
.17 Acre
0 Garage
We 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.
Essential Information
- MLS® #
- 24375637
- Price
- $1,125,000
- Bedrooms
- 10
- Bathrooms
- 5.00
- Square Footage
- 4,902
- Acres
- 0.17
- Year Built
- 1905
- Type
- Residential Income
- Status
- Active
Community Information
- Address
- 505 Chicago Street
- Area
- BOYH - Boyle Heights
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90033
- Senior Community
- N
Amenities
- Parking Spaces
- 5
Interior
- Appliances
- Refrigerator
- # of Stories
- 2
- Stories
- Multi/Split
Additional Information
- Date Listed
- April 3rd, 2024
- Days on Market
- 29
- Zoning
- LARD1.5
Listing Details
- Agent
- Davis Saadian
- Office
- Carolwood Estates
LISTING MAP
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Buyer's Agent
Listing Agent
Davis Saadian - Carolwood EstatesBased on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 1:35pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.