151 North Chicago Street

Los Angeles, CA 90033

$1,200,000
Price
6
Beds
4
Baths
2,914 Sq. Ft.
$412 / Sq. Ft.
2,914
Sq. Ft.
$412
per Sq. Ft.

Description

Welcome to this fantastic multi-unit property with three separate structures with a total of four income-generating units! The primary residence is a single-family home featuring 3 spacious bedrooms and 1.25 baths. The kitchen has been beautifully updated with tiled flooring and modern fixtures, adding a fresh touch to the home, and includes the convenience of an indoor laundry room with dedicated space. In addition to the main house, there are three additional 1-bedroom, 1-bathroom units, ideal...Welcome to this fantastic multi-unit property with three separate structures with a total of four income-generating units! The primary residence is a single-family home featuring 3 spacious bedrooms and 1.25 baths. The kitchen has been beautifully updated with tiled flooring and modern fixtures, adding a fresh touch to the home, and includes the convenience of an indoor laundry room with dedicated space. In addition to the main house, there are three additional 1-bedroom, 1-bathroom units, ideal for rental income or extended family. Ample parking is available for all units, this unique setup offers endless opportunities, whether you're looking for a multi-generational living arrangement, investment property, or a home with rental income potential. Don’t miss out on this incredible opportunity—a versatile property like this doesn't come along every day!
  1. Listed by JAIME PEREZ • DRE #01355897 • Brokerage DRE #02004320 • REALTY WORLD CALIFORNIA PROPERTIES • 323-691-6686

Property Details for 151 North Chicago Street

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2914
Assessor Parcel Number
5183-006-016
Property Attached YN
true
LISTING UPDATED: 11/15/2024 08:33 AM

Property Details for 151 North Chicago Street

StatusActive
MLS #MB24225399
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1903
Lot Size0.21 AC / 9,077 SF
CountyLos Angeles County

Building Information for 151 North Chicago Street

Stories1Residences-Year Built1903Building Size-Lot Size0.21 AC / 9,077 SF

Property Information for 151 North Chicago Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $70,644
  • Gross Scheduled Income: $70,644
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 2044.20
  • CFD/Mello-Roos Fee: $656
  • Tax Lot: 39
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Ground Level w/ Steps
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Gentle Sloping, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $711
  • Unit Type Total Rent: $711
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $846
  • Unit Type Total Rent: $846
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 151 North Chicago Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 151 North Chicago Street

Taxable ValueLand$292,927Additions$213,234Total$506,161
Tax Record2024$6,728 ($561 / month)
Home Facts
Total Finished SqFt2,914 SqFtAbove Grade Finished SqFt2,914 SqFtLot Size9,055 SqFtStyleQuadraplexYear Built1903ZoningLARD1.5CountyLOS ANGELESAPN5183-006-016

Schools near 151 North Chicago Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Breed Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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151 North Chicago Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on October 31, 2024 by REALTY WORLD CALIFORNIA PROPERTIES, it's currently listed at $1,200,000. It has been on the market for a total of 50 days and was last sold on February 17, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Breed Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 151 North Chicago Street is a 6-bed, 4-bath, 2,914 sqft multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALTY WORLD CALIFORNIA PROPERTIES, JAIME PEREZ, DRE #01355897

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.