505 S Chicago Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
505 S Chicago Street,Los Angeles, CA 90033
$995,000
  • 10 Beds
  • 5 Baths
  • 4,902 sq. ft.
  • Multi-family
  • Active
Listed by: davis saadian
Office: keller williams hollywood hills310-623-1300
MLS#:26849701
Source:CRMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$202.98

About this home

We are pleased to present 505 S. Chicago Street, a five (5) unit multifamily investment opportunity in the heart of Boyle Heights. Comprised of two separate two-story structures, this wood-frame and stucco building sits on a raised foundation and offers 4,902 SF of living space on a 7,500 SF lot. Originally built in 1905, the property has been reinforced and upgraded to comply with the latest city codes and regulations, giving a new owner a well-maintained asset with lasting character. The building features a strong unit mix of three 2-bed / 1.5-bath units and two 2-bed / 1-bath units, all with spacious floor plans. The property is 100% occupied and subject to the City of Los Angeles Rent Stabilization Ordinance. Additional features include five on-site parking spaces and individual gas and electric metering, keeping operating costs low for ownership. Current gross income is $7,642 per month, priced at a 7.0% cap rate and 10.8x GRM, with approximately 50% upside in potential rents....

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Home facts

  • Year built:1905
  • Listing ID #:26849701
  • Added:1 day(s) ago
  • Updated:June 19, 2026 at 02:28 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Kitchen Description:Refrigerator, Washer
  • Living area:4,902 sq. ft.

Structure and exterior

  • Year built:1905
  • Building area:4,902 sq. ft.
  • Lot area:0.17 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$202.98

Features and amenities

  • Appliances:Dryer, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:5
  • Parking description:Private
Based on information from California Regional Multiple Listing Service, Inc. as of June 19, 2026 . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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