Property listed by Meridox Real Estate, Linh Tran 626-780-1397
$948,000
**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… Read More 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. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Square Ft.
4,991
Lot Size
0.19 Acres
Year Built
1968
MLS Number
OC26241269
Additional Details
Building
Built in 1968, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: Side and Front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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