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604 S Chicago Street

Los Angeles (City), CA 90023
  • $999,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: MB23167610
UPDATED: 198 min ago
$999,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Ratings & Info

Listing Agent(s): "NINO" CEFERINO ZEPEDA of Century 21 Realty Masters (323-722-7700)


Description

4 units in Demanding Close to Downtown Area! ZONE LARD 1.5. This investment opportunity has an excellent unit mixof oversized. 1 unit is VACANT. Take advantage of this great chance to own an income property, A new investor would appreciate the strong in-place rents can be changed. The opportunity for growth can be seen from different perspectives on this pride-of-ownership property. For decades, the owners have given their time and love into this asset with many recent capital improvement. This truly is a one-of-a-kind trophy investment of its area. Some great features about this location is the two separate ONE STORY buildings.Front 2 units building is 1 bedroom 1 bath ( one is vacant) & Rear 2 units building is 2 bedrooms & 1 bath ( both baths recent remodeled), each unit with laundry connections. Secured entry. NO PARKING CHALLENGE. 6 PARKINGS TOTAL - 2 FOR 2 BEDS UNITS & 1 FOR 1 BED UNIT, Easy access parking thru the alley. Each unit separately metered for gas and electricity. The property is located within a short Distance to DOWNTOWN plus the 5, 60, 101 & 710 Freeways. Take advantage of the location as this is considered under major Downtown development area. Front hardtop gazebo will not be part of the sale..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143186882
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604 S Chicago Street Los Angeles (City), CA 90023

  • Price: $999,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 198 min ago
  • ID#: MB23167610
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1904
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
4 units in Demanding Close to Downtown Area! ZONE LARD 1.5. This investment opportunity has an excellent unit mixof oversized. 1 unit is VACANT. Take advantage of this great chance to own an income property, A new investor would appreciate the strong in-place rents can be changed. The opportunity for growth can be seen from different perspectives on this pride-of-ownership property. For decades, the owners have given their time and love into this asset with many recent capital improvement. This truly is a one-of-a-kind trophy investment of its area. Some great features about this location is the two separate ONE STORY buildings.Front 2 units building is 1 bedroom 1 bath ( one is vacant) & Rear 2 units building is 2 bedrooms & 1 bath ( both baths recent remodeled), each unit with laundry connections. Secured entry. NO PARKING CHALLENGE. 6 PARKINGS TOTAL - 2 FOR 2 BEDS UNITS & 1 FOR 1 BED UNIT, Easy access parking thru the alley. Each unit separately metered for gas and electricity. The property is located within a short Distance to DOWNTOWN plus the 5, 60, 101 & 710 Freeways. Take advantage of the location as this is considered under major Downtown development area. Front hardtop gazebo will not be part of the sale..
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 2-5 Units/AcreBack YardFront YardGarden Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStorm Drain(S)Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): "NINO" CEFERINO ZEPEDA of Century 21 Realty Masters (323-722-7700)