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Five-Unit Apartment Building
For Sale
$995,000

505 S Chicago St, Los Angeles, CA 90033

Residential Income, Los Angeles, CA

Property Size4,902 SF
Lot Size0.17 Acres
Price / SF$202.98
Days on Market93

Property Features for 505 S Chicago St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD1.5
Bedrooms 10
Bathrooms 5
Full bathrooms 8
Rooms Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 10, Bathroom 7, Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 9, Bathroom 8, Bathroom 6, Bedroom 7, Bathroom 2, Bathroom 1, Bathroom 5, Bedroom 5, Bedroom 6, Bedroom 4
Parking 5
Directions 505 S. Chicago Street | Los Angeles, CA 90033
Subdivision Boyle Heights
Standard status Active
APN 5183-019-014
Size 4,902 SF
Lot size 0.17 Acres

Building Details

Year built 1905
Floors in Building 2
Number of units 5
Listing Agency: Keller Williams Hollywood Hills · Keller Williams Realty
Listed By: Davis Saadian · License #01921748
Added: Jun 19 Changed: Sep 12 Last Checked: Sep 19 at 5:06PM
MLS# 26849701

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 505 S. Chicago Street in Los Angeles, this five-unit apartment property comprises two separate two-story, wood-frame and stucco structures on a raised foundation. The buildings contain 4,902 square feet of living area on a 7,500-square-foot lot and were originally constructed in 1905. Reinforcement and upgrades were completed to meet current city codes and regulations.

The unit mix includes three two-bedroom, one-and-a-half-bath residences and two two-bedroom, one-bath residences. All units are occupied, and the property is subject to the City of Los Angeles Rent Stabilization Ordinance. Five on-site parking spaces are provided, with separate gas and electric metering for each unit. The property is zoned LARD1.5.

Key Highlights

  • Five‑unit multifamily property with 4,902 SF of living space
  • Two separate two‑story wood‑frame and stucco structures on a 7,500 SF lot
  • Unit mix includes three 2‑bed / 1.5‑bath units and two 2‑bed / 1‑bath units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Home Appliance Store Acupuncture Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,082
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two separate two-story structures provide upgraded multifamily space with on-site parking and individual utility metering.
Where is this apartment building located?
The property is located at 505 S Chicago St Los Angeles, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Five‑unit multifamily property with 4,902 SF of living space; Two separate two‑story wood‑frame and stucco structures on a 7,500 SF lot; Unit mix includes three 2‑bed / 1.5‑bath units and two 2‑bed / 1‑bath units
More about this property
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