521 S Chicago
Los Angeles, CA, 90033
$899,000
MLS: CV26006810
Beds
3
Baths
2
Sq Ft
1,474
Lot
0.17 ac
Year Built
1911
MLS #
CV26006810
Days on Market
67
Listed
Jan 11, 2026
Description
Craftsman-style family home very close to downtown Los Angeles, offers 3 bedrooms and 1 and a 1/2 bathrooms. Natural hardwood floors throughout the home, enhancing its original charm. Good sized kitchen and dining room as well as living room. Home flows nicely. A large attic area and basement provide excellent storage space or potential for creative use. First time on the market in 65 years. Bring your paint brush and imagination to make this home yours. The lot alone has value and the opportunity to build apartment units. Gross Living Area is 1,643 Square Feet with a lot size of 7,416 per appraisal. It's larger than most homes in the area, providing more living space. Higher Density Zoning as the property is zoned LARD 1.5, allowing one unit for every 1500 sq. ft. of lot area. TOC Tier 3 Zone. Being in the Transit Oriented Communities Tier 3 zone, it permits increased density, enabling the construction of more units. Detached Rumpus/Recreation Room. Craftsman Style as it is designed in the Craftsman architectural style. These features make the property quite unique and potentially very desirable! If you need more detailed information or have specific questions, feel free to ask.
Location
Los Angeles, Los Angeles County, CA 90033
Open on Google Maps ↗Listed by: Anthony Meneses · EXCELLENCE RE ELITE PROPERTIES
Payment estimate
$6,545
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $4,971
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $31,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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