151 N Chicago Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

151 N Chicago Street, Los Angeles, California 90033 home-pic-0
ACTIVE$1,200,000
151 N Chicago Street, Los Angeles, California 90033
0Bed
0Bath
2,914Sqft
9,077Lot
Year Built
1903
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$412
HOA
-
Days on market
-
Sold On
-
MLS number
MB24225399
Home ConditionFair
Features
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.20M(75th), sqft - 2914(69th), beds - undefined(50th), baths - undefined(50th).

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!

Price History

Date
Event
Price
02/14/03
Sold
$289,500
Condition Rating
Fair

The property was built in 1903, but the description mentions the kitchen in the main house has been 'beautifully updated with tiled flooring and modern fixtures'. The images confirm this, showing a renovated kitchen in the main house. However, the bathrooms and the other units appear older and less updated. Given the age of the property and the mixed level of updates, a 'Fair' rating is appropriate. It needs minor updates or repairs.
Pros & Cons

Pros

Income Potential: The property features four separate units, including a single-family home and three additional 1-bedroom units, providing significant rental income potential.
Updated Kitchen: The main residence boasts a beautifully updated kitchen with tiled flooring and modern fixtures, enhancing its appeal to tenants or owner-occupants.
Ample Parking: Sufficient parking is available for all units, a valuable amenity in a dense urban environment like Los Angeles.

Cons

Age of Property: Built in 1903, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Bathrooms in Main Residence: The main residence only has 1.25 bathrooms for 3 bedrooms, which might be a drawback for some tenants or owner-occupants.

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