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665 S Chicago St, Los Angeles, CA 90023
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665 S Chicago St Los Angeles, CA 90023

$780,000 Sold Price as of 12/27/2023
  • 6 Beds
  • 2 Baths
  • 2,464 Sq.Ft.
Sold
$780,000 Sold Price as of 12/27/2023 Refinance Your Mortgage
Map preview of 665 S Chicago St, Los Angeles, CA 90023

Property Overview: 665 S Chicago St Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,464 living square feet and 4,142 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turnkey investment property in hip and rapidly gentrifying Boyle Heights! Walking distance to Hollenbeck park and blocks from the brand new 6th street viaduct going straight into Downtown LA this location is unbeatable. The well maintained property features two light and very spacious three bedroom units with off street parking and a large detached garage perfect for ADU conversion. One unit is vacant the other leased for $2400. Perfect for FHA, VA, or owner users who want some help paying the mortgage. 6% Cap after lease up! Outstanding investment.

Listed by Sky Minor | BRE #01380933 | Sky Minor, Broker
Last checked: 4 minutes ago | Last updated: December 28th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
4,142
HOA Dues
$0/mo
Year built
1915
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23318693
City
Los Angeles
County
Los Angeles
Time on Site
223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.25
  • Gross Scheduled Income: --
  • Net Operating Income: $50,144
  • Gross Operating Income: $64,800
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $10,300
  • Trash: $1,156
  • Water/Sewer: $3,200

Property Details for 665 S Chicago St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included
Room Information
  • Flooring: Wood
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5183022025
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 7th and Chicago
View more facts & features

Local Los Angeles Agent

Sale History for 665 S Chicago St

Last sold for $780,000 on December 27th, 2023

  • December, 2023

  • Dec 27, 2023

    Date

    Sold

    CRMLS: 23318693

    $780,000

    Price

  • Oct 6, 2023

    Date

    Active

    CRMLS: 23318693

    $799,500

    Price

  • July, 2012

  • Jul 6, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2012

  • Mar 28, 2012

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

  • March, 2012

  • Mar 28, 2012

    Date

    Sold

    CRMLS: 12157793

    $310,000

    Price

  • Oct 17, 2011

    Date

    Active

    CRMLS: 12157793

    $335,000

    Price

  • Listing provided courtesy of CRMLS

    CHARMING, FULLY REMODELED INSIDE AND OUT DUPLEX WITH NICE 2 CAR GARAGE LOCATED IN BOYLE HEIGHTS. CLOSE TO SHOPPING AREAS, BANKS, AND FREEWAYS. BUILDING IS CURRENTLY VACANT...PERFECT FOR FIRST TIME BUYERS OR SERIOUS INVESTORS...OPENED ESCROW WILL ACCEPT BACK UP OFFERS.

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Tax History for 665 S Chicago St

Assessed Value (2020): $349,049
Year Land Value Improved Value Assessed Value
2020 $168,894 $180,155 $349,049

Home Value Compared to the Market

This property vs the competition

665 S Chicago St sold on December 27, 2023 for 32.82% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $324.47 per/sqft which puts the price per square foot 57.02% lower than the current median sale per square foot for the city of Los Angeles.

About 665 S Chicago St

Detailed summary of property

665 S Chicago St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 2,464 living square feet, and sits on an approximately 4,142 square foot lot. 665 S Chicago St was first listed on ArdentRealEstateGroup.com on October 6, 2023. The homeowner sold the property for $780,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.82% lower than the current median priced home. Local homes that are currently for sale include 2831 Boulder St, 3448 Hunter St and 2530 Ganahl St. While the average home in Los Angeles, CA is selling in 94 days, 665 S Chicago St has a days on market of 4 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 665 S Chicago St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 665 S Chicago St

Public county record property details
Beds
6
Baths
4
Year built
1915
Sq. Ft.
2,464
Lot Size
4,142
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
41
APN
5183-022-025

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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