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  • 228 N CHICAGO ST LOS ANGELES
  • Listing Price: $499,000 Sold Price: $480,000
    Beds: N/A  |  Baths: N/A
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    • MLS#: 10-439819
    • APN#: 5183-003-021
    • Status: Sold
    • Lot Size: 5052
    • Sq Ft: 4272
    • Beds: N/A
    • Baths: N/A
    • Style: N/A
    • Year Built: 1922
    • Subdivision:  
    • Roof: N/A
    • Spa: N/A
    • Tennis: N/A
    • Laundry: N/A
    • Heat: Wall
    • Air: None
    • Property Type: Income
    • Sale Type: Standard
    • Land Type: N/A
    • Lease Amount: N/A
    • Lease Exp: N/A
    • HOD: N/A
    • Area: Boyle Heights 
    • City: LOS ANGELES
    • Zip code: 90033
    • Map: 635/A4
    • View: N/A
    • Waterfront: N/A
    • Sewer: N/A
    • Parking # 8
    • Security: N/A
    •    
    • Amenities: N/A
    • Pool: None
    • Floor: N/A
    • Rooms: N/A
    • Fireplace: N/A
    • Parking: Gated, Side By Side, Uncovered

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228 North Chicago Street is a five unit multifamily investment located in the northwest portion of Boyle Heights in Los Angeles, California. This investment opportunity offers a superior unit mix of three two-bedroom/one-bath units and two three-bedroom/two-bath units. Offered at $499,000, and boasting a 7.74% CAP rate and a 8.04 GRM on actual expenses, an investor should reap high returns on investment, while also allowing for the possibility to increase rents based on higher rents in the market area. Well maintained and managed, the property has been recently renovated and painted. This property has a large lot with 8+ parking spaces.
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Last Updated: 11/6/2015 1:00:43 PM
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