442 S Chicago, Los Angeles, CA 90033
442 S Chicago, Los Angeles, CA 90033
442 S Chicago, Los Angeles, CA 90033
442 S Chicago, Los Angeles, CA 90033
442 S Chicago, Los Angeles, CA 90033
442 S Chicago, Los Angeles, CA 90033
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Andrea Pazmino-Pace

Andrea Pazmino-Pace

+1(626) 590-1289
$ 948,000
Est. payment | /mo

8,067 Sqft Lot

Save
$ 948,000
Est. payment | /mo
Save

8,067 Sqft Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26241269

HOA Y/N No

Year Built 1968

Lot Size 8,067 Sqft

Property Sub-Type Apartment

Property Description

**SIX-UNIT MULTIFAMILY INVESTMENT | BOYLE HEIGHTS | BUYER OPPORTUNITY!** Positioned in an established Los Angeles neighborhood, 442 S. Chicago Street presents an opportunity for investors looking to acquire and transform a multifamily asset with long-term income potential. Offered at $948,000, this two-story property features approximately 4,991 square feet of building area on an 8,066-square-foot lot, with a diverse unit mix consisting of one 3-bedroom/2-bath unit, three 2-bedroom/1-bath units, and two 1-bedroom/1-bath units. Additional amenities include six on-site parking spaces, comprised of four covered and two uncovered assigned spaces, along with a dedicated laundry room for tenant use. Units 1 and 4 will be delivered vacant at closing, providing an opportunity for renovations and the establishment of new rental income, while the remaining occupied residences provide an existing tenant base. Conveniently located near Downtown Los Angeles, major freeways, shopping, dining, and public transportation. With an asking price of approximately $158,000 per unit and $190 per building square foot, this property offers investors a compelling acquisition basis for a renovation and repositioning project.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Covered, One Space

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Storm Drain(s), Sidewalks

Utilities Available Sewer Connected

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5183017023

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Linh Tran Meridox Real Estate 626-780-1397, DRE #01520128

Nearby Locations

Andrea Pazmino-Pace

+1(626) 590-1289

andreapazpace@gmail.com

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442 S Chicago