NOT LISTED FOR SALE

729 S Chicago St Los Angeles, CA 90023

Estimated Value: $823,799 - $914,000

4 Beds
4 Baths
3,444 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $768,000 $223 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,562/month

339 Days on Market

About This Home

As of January 2024

EXCELLENT RENTAL UNIT LOCATION, ****** ONE UNIT IS FRESHLY PAINTED, NEW CARPET AND WILL BE DELIVERED VACANT***********. MINUTES FROM DOWN TOWN LOS ANGELES, ONLY A COUPLE OF BLOCKS FROM THE FAMOUS 6TH STREET BRIDGE. CENTRALLY LOCATED NEAR SHOPPING AND TRANSPORTATION. CURRENTLY ALL SECTION 8 TENANTS. LOTS OF CHARACTER IN THIS BEAUTIFUL 4 PLEX. SPACIOUS 1 BEDROOM UNITS WITH INSIDE LAUNDRY ROOMS. WELL MAINTAINED BUILDING. IT IS BEING SOLD WITH THE GROCERY STORE NEXT DOOR THAT IS LISTED IN THE COMMERCIAL SECTION OF MLS. THE STORE IS LISTED AT A SEPARATE PRICE. PROPERTIES HAVE SEPARATE APN NUMBERS, HOWEVER DUE TO THE ACCESS IT MUST BE SOLD TOGETHER.

Last Agent to Sell the Property

Sergio Tafolla

CENTURY 21 REALTY MASTERS License #00993732 Listed on: 02/13/2023

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Dianna Perez

Freemanfoxx Realty License #01953256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,496

Year Built

  • Built in 1927

Lot Details

  • 3,996 Sq Ft Lot
  • No Common Walls
  • Irregular Lot

Parking

  • 3 Car Garage

Home Design

  • 3,444 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 049
  • Tax Tract Number 49
  • Assessor Parcel Number 5183022032

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,496

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 212475
  • Property Attached: No
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5183022032
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 223.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 3996.00
  • Lot Size Acres: 0.0917

Multi Family

  • Lot Size Area: 3996.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 049
  • Tax Tract Number: 049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Jan 23, 2024
Sold by
Raoul And Georgina Torres Trust
Bought by
Albuquerque Beach Llc
Seller's Agent
Sergio Tafolla
CENTURY 21 REALTY MASTERS
Buyer's Agent
Dianna Perez
Freemanfoxx Realty
List Price
$849,900
Sold Price
$768,000
Premium/Discount to List
-$81,900
-9.64%
Views
834
Current Estimated Value
$846,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,700
Avg. Annual Appreciation
3.44%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Albuquerque Beach Llc $768,000 Wfg National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $768,000 -9.6% $223 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $849,900 +10.7% $247 / Sq Ft
09/28/2023 09/28/23 Off Market $768,000 -- --
06/22/2023 06/22/23 For Sale $849,900 0.0% $247 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $849,900 -5.6% $247 / Sq Ft
04/19/2023 04/19/23 For Sale $899,900 +17.2% $261 / Sq Ft
04/18/2023 04/18/23 Off Market $768,000 -- --
02/13/2023 02/13/23 For Sale $899,900 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,496 $783,360 $408,000 $375,360
2024 $11,496 $918,000 $489,600 $428,400
2023 $11,277 $900,000 $480,000 $420,000
2022 $1,243 $65,896 $18,622 $47,274
2021 $1,208 $64,605 $18,257 $46,348
2019 $1,180 $62,690 $17,716 $44,974
2018 $1,105 $61,462 $17,369 $44,093
2016 $1,019 $59,078 $16,696 $42,382
2015 $1,009 $58,192 $16,446 $41,746
2014 $1,039 $57,053 $16,124 $40,929
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB23024734

California Regional Multiple Listing Service (CRMLS)

APN: 5183-022-032