$1,400,000
974 Chung King Road, Los Angeles CA 90012
Multi-Family (2 Units)
Property type
25 days
On market
$583
Price per sqft
0 cars
Garage
1950
Year built
1,200 sqft
Lot size
Home highlights
Open Houses
Overview
Unique two-story live/work opportunity in the heart of Chinatown. Surrounded by renowned art galleries, creative studios, musicians, designers, and long-standing independent businesses, this live/work property is part of the cultural history and artistic identity that have made Chung King Road a destination within Chinatown. The ground floor features an expansive high-ceiling...
Listing provided by: Melanie Guillen DRE #01322895 323-702-3850, Keller Williams Realty
Listing updated: May 11, 2026 at 05:21pm.
Last checked: Jun 5, 2026 at 02:00pm
Source: CRMLS #DW26100046
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 2 | — | $2,000 | $2,000 | $2,800 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $3,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 1
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
58.3x
List Price / Annual Gross Rent
Cap Rate
1.24%
NOI / List Price
Gross Scheduled Income: $24,000
Operating Expense: $6,679
Net Operating Income: $17,321
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $3,170
Trash: $0
Water / Sewer: $2,000
Interior
Interior Features: High Ceilings, All Bedrooms Up
Room Type: Bedroom
Flooring: Tile
Cooling: Electric
Heating: Electric
Fireplace: Bath, Kitchen, Living Room
Laundry: None
Accessibility: Accessible Doors
Entry Location: Street
Exterior
Property Attached: No
Stories Total: 3
Levels: Three Or More
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5414005040
Additional Parcels: No
Tax Lot: 48
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 974 Chung King Road, Los Angeles, CA 90012. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,120,000
Total Interest
$1,428,498
Total Payment
$2,548,498
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,687
per month
Property History for 974 Chung King Road
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90012.
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