244 North Chicago Street

Los Angeles, CA 90033

$1,390,000
Price
8
Beds
6
Baths
3,741 Sq. Ft.
$372 / Sq. Ft.
3,741
Sq. Ft.
$372
per Sq. Ft.

Description

Great rental location with huge lot with two building, front building consist of 2 units, front unit 2 bedrooms & 2 baths built in 1901 and rear unit 2 bedrooms & 2 baths built in 1985. Back building consist of 2 units built in 2017, 2 bedrooms & 1 bath each on the 2nd level with parking carport underneath. Extra parking spaces on the back of the building. Property located near Downtown Los Angeles and has easy access to major freeways. This fourplex allow you to live in one unit and income from...Great rental location with huge lot with two building, front building consist of 2 units, front unit 2 bedrooms & 2 baths built in 1901 and rear unit 2 bedrooms & 2 baths built in 1985. Back building consist of 2 units built in 2017, 2 bedrooms & 1 bath each on the 2nd level with parking carport underneath. Extra parking spaces on the back of the building. Property located near Downtown Los Angeles and has easy access to major freeways. This fourplex allow you to live in one unit and income from other units or maximize it as a full investment property.
  1. Listed by EMI TERAUCHI • DRE #00810238 • Brokerage DRE #00936032 • CAL BEST REALTY • 626-786-9086

Property Details for 244 North Chicago Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3741
Assessor Parcel Number
5183-003-024
Property Attached YN
true
LISTING UPDATED: 10/23/2024 10:27 PM

Property Details for 244 North Chicago Street

StatusActive
MLS #WS24134098
Days on Market127
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1901
Lot Size0.21 AC / 9,001 SF
CountyLos Angeles County

Building Information for 244 North Chicago Street

Stories1Residences-Year Built1901Building Size-Lot Size0.21 AC / 9,001 SF

Property Information for 244 North Chicago Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $84,583
  • Gross Scheduled Income: $84,583
  • Vacancy Allowance: 4229
  • Vacancy Allowance Rate: 5
  • Net Operating Income: $61,388
Expense Details
  • Operating Expense: $23,195
  • Fuel Expense: $120
  • Electric Expense: $1,200
  • Insurance Expense: $3,389
  • Trash Expense: $2,456
  • Water Sewer Expense: $1,200
  • Total Expenses: $7,045
Tax / Assessment Info
  • Tax Tract Number: 204...
  • Tax Census Tract: 2044.20
  • CFD/Mello-Roos Fee: $666
  • Tax Lot: 78
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Dining Room, Kitchen, Living Room, Electric, Gas
  • Fireplace Rooms: Dining, Electric, Gas, Kitchen, Living Room
  • Flooring: Wood
Exterior Features
  • Entry Location: North
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Paved
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Sewer Connected, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Carport
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,538
  • Unit Type Total Rent: $1,538
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,410
  • Unit Type Total Rent: $1,410
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 2
  • Number With Range: 4
  • Number With Refrigerator: 0
  • Number With Disposal: 4

Property History for 244 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 244 North Chicago Street

Taxable ValueLand$278,404Additions$534,838Total$813,242
Tax Record2024$10,423 ($869 / month)
Home Facts
Total Finished SqFt3,741 SqFtAbove Grade Finished SqFt3,741 SqFtStories1Lot Size8,998 SqFtStyleQuadraplexYear Built1901ZoningLAR4CountyLOS ANGELESAPN5183-003-024

Schools near 244 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
Sheridan 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.

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244 North Chicago Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on July 16, 2024 by CAL BEST REALTY, it's currently listed at $1,390,000. It has been on the market for a total of 127 days and was last sold on February 26, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Sheridan Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 244 North Chicago Street is a 8-bed, 6-bath, 3,741 sqft multi-family home built in 1901.

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 CAL BEST REALTY, EMI TERAUCHI, DRE #00810238

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.