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$948,000

FOR SALE
Active

442 S Chicago

Los Angeles, CA

MLS# OC26241269

Apartment
4 days on marketNalren refreshed

Listing Agent

Linh Tran

Listing Agent

Meridox Real Estate

DRE #: 01520128

(626) 780-1397

Brokerage: Meridox Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1968

Year Built

8,066 sqft

Lot Size

N/A

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1968
Building Area Total
4,991
Levels
Two
Stories Total
2

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units
Utilities
Sewer Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
4
Parking Features
Assigned, Covered, One Space
Parking Total
6

Community / HOA

HOA
No
Association Fee
$0

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