1140 N Chicago

Los Angeles , CA 90033

MLS#: DW25253577

$575,000

Status: Active
Listing number: DW25253577
Listing provided by: Ally Commercial Real Estate
Listing agent phone: None
Last update: 5 hours ago
New on site 1 day ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1923

Sq.Footage

N/A

This prime 5,758 sq ft covered land on Chicago St North, Los Angeles, presents a rare opportunity for developers, investors, and/or owner-users. Situated in a high-demand area, the property offers strong development potential in a rapidly growing neighborhood. Property is currently occupied with low paying tenants. Lot does have alley access. Located right across the the street from USC Health Sciences Campus and the Los Angeles General Medical Center in the East LA/Boyle Heights submarket. The site benefits from excellent accessibility right outside DTLA. Its strategic position, now amplified with being in the new SB 79 Tier-2 zone should allow for considerable more density on the site, buyer to verify.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1322

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $575,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    115

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Rickird Rey Ramirez , Ally Commercial Real Estate

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
This prime 5,758 sq ft covered land on Chicago St North, Los Angeles, presents a rare opportunity for developers, investors, and/or owner-users. Situated in a high-demand area, the property offers strong development potential in a rapidly growing neighborhood. Property is currently occupied with low paying tenants. Lot does have alley access. Located right across the the street from USC Health Sciences Campus and the Los Angeles General Medical Center in the East LA/Boyle Heights submarket. The site benefits from excellent accessibility right outside DTLA. Its strategic position, now amplified with being in the new SB 79 Tier-2 zone should allow for considerable more density on the site, buyer to verify.

1140 N Chicago

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 1 day ago
Four-Unit Investment Property in Prime Historic South Los Angeles Location. Presenting a fantastic opportunity to own a four-unit property situated in the heart of historic South Los Angeles. This versatile multi-family residence is ideal for investors or owner-occupiers seeking to maximize rental income and long-term property value. Each unit offers comfortable living spaces with excellent potential for upgrades, allowing for increased rents and enhanced asset appreciation. The property is strategically located near major freeways, making commuting throughout Los Angeles convenient and efficient. Residents will also enjoy proximity to a variety of supermarkets, retail centers, and reputable schools—all within easy reach. The surrounding neighborhood is known for its vibrant community spirit and rich cultural heritage, providing a desirable environment for tenants. Whether you’re looking to expand your investment portfolio or secure a property with significant upside, this four-unit property delivers exceptional value and future growth possibilities. Don’t miss out on this rare offering in one of South LA’s most sought-after areas!
#MB25253602

Los Angeles

3729 Paloma Street

None Beds

None Baths

1,843 Sq.Ft.

$649,000

MLS#: MB25253602

New on site 4 days ago
Excellent Investment Opportunity – Vacant Duplex Near Downtown Los Angeles Welcome to this vacant duplex offering exceptional potential for investors or owner-occupants. The property features two separate units: a 3-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. Both units are spacious, well laid out, and ready for renovation or immediate occupancy. Ideally located just minutes from Downtown Los Angeles, USC, and SoFi Stadium, this property provides convenient access to major attractions, employment centers, and transportation. Easy access to the 110 and 105 freeways ensures a smooth commute throughout the city. Whether you’re looking to generate rental income, live in one unit and rent the other, or expand your investment portfolio, this centrally located duplex offers endless possibilities in one of LA’s most desirable and rapidly developing areas.
#IN25252085

Los Angeles

250 W 49th Street 2

None Beds

None Baths

2,052 Sq.Ft.

$600,000

MLS#: IN25252085

New on site 4 days ago
3 unit property located in the city of Los Angeles. Great Investment opportunity to live in one and rent out the others. Front unit currently vacant and in need of some TLC. Property sold "AS IS". Back 2 units are rent control with long term tenants. Centrally located, close to everything you need.
#WS25250994

Los Angeles

860 W 54th

None Beds

None Baths

1,875 Sq.Ft.

$649,500

MLS#: WS25250994

We are pleased to present for sale this rare 2-unit Single Story multifamily property (allowing for residential financing) in prime Highland Park. The property is being sold alongside a tri-plex next door that's built in 1955 and 1948, comprised of a VACANT 991 Square Foot, 2 Bed & 1 Bath standalone unit (built in 1955), making it ideal for an owner-user! Two Separate APN's! Located at 6018 Monterey Rd & 6011 Pine Crest Drive, this property sits in one of Los Angeles' most sought-after neighborhoods. It represents a unique opportunity for an owner-user to live in a tri-plex while generating income from the adjacent duplex, or for an investor to reposition as a TIC, develop multiple ADUs, or explore future Small Lot Subdivision on the expansive, combined 15,149 SF lot . The property features an all 2-bedroom, 1-bath unit mix, totaling approximately 4,227 SF, W/D in each unit, and six garage parking spaces on Monterey. The beautifully updated vacant unit includes new vinyl windows, fresh paint, engineered flooring, turf, central air, gorgeous hardwood floors, and an in-unit washer and dryer! Zoned (Q) RD1.5-HCR, it offers significant long-term investment and development potential. The property is strategically located within minutes to Highland Park's Famous Retail Corridors: Figueroa and York and the Gold Line! Residents can dine at local favorites: Mendocino Farms, Jeni's, HomeState, Kitchen Mouse, Highly Likely, Highland Park Bowl, Villa's Taco's, Triple Beam, and Hippo to name a few! It's surrounded by South Pasadena and minutes to DTLA! It boasts a walk score of 77 ("very walkable"), where most errands can be accomplished on foot! Disclosure: Buyers are advised to conduct thorough due diligence, including but not limited to verification of legal building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, and the feasibility of constructing ADUs, additional units, or development feasibility. Listing Agent and Broker do not make any guarantees or representations as to the accuracy of the information provided.
#25612665

Los Angeles

6018 Monterey Road

4 Beds

None Baths

1,618 Sq.Ft.

$635,000

MLS#: 25612665

Beautiful duplex located in the heart of Koreatown near Country Club Park. The front owner’s unit features 3 bedrooms and 1 bathroom, showcasing original wood flooring in the living and family rooms, and tile in the kitchen and bathroom. The rear unit offers 1 bedroom and 1 bathroom, providing comfortable living space. The property sits on a large lot with ample parking and storage space, plus a spacious yard perfect for outdoor enjoyment. The grounds are adorned with multiple fruit-bearing trees, including nectarine, avocado, orange, lemon, guava, and persimmon. This property offers a fantastic development opportunity, with zoning that allows for additional units to be added—ideal for investors or owner-users looking to expand or generate more income. Conveniently located near schools, shops, and major freeways, with quick access to the I-10 just down the street. The location also boasts a very high walk and transit score, making it perfect for those who enjoy an active urban lifestyle.
#DW25249774

Los Angeles

3036 W 12 Place

None Beds

None Baths

1,380 Sq.Ft.

$689,900

MLS#: DW25249774

Investment Opportunity – Duplex with Development Potential Near Downtown Los Angeles Great opportunity to own a duplex with expansive land in a high-demand area just south of Downtown Los Angeles, conveniently located near the 110 Freeway and Slauson Avenue. Each unit currently features 1 bedroom and 1 bathroom (both utilized by tenants as 2-bedroom, 1-bath units). One unit can be delivered vacant—ideal for an owner-occupant or investor seeking flexibility. The generous lot provides excellent potential for future development, additional units, or expansion (buyer to verify zoning and building possibilities). Perfect for investors, developers, or buyers with a home-based business looking to establish themselves in a prime central Los Angeles location with strong rental demand and easy freeway access.
#DW25248407

Los Angeles

731 W 54th

None Beds

None Baths

1,156 Sq.Ft.

$649,000

MLS#: DW25248407

Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, positioned for both residential and commercial success, boasts a lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot retail space, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studio—a hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the retail and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the retail tenant. Because the rental is a single-family home that is the only residential structure on the parcel, the LA housing website is specific that the property isn’t part of LA’s RSO. Also, according to AB1482: The California Tenant Protection Act of 2019, the property is also exempt from any state rent control laws as well. Tier 2 TOC bonus available. Please see OM for links to LA RSO & AB1482 exclusions.
#PW25246693

Los Angeles

3306 E 8th

None Beds

None Baths

2,073 Sq.Ft.

$650,000

MLS#: PW25246693

Beautiful Duplex for sale! Great for 1st time buyers or investors looking for rental income. Each unit features 2 bedrooms, 1 Bathroom great for families to move into. Front unit is remodeled with energy-efficient windows and brand new AC system. Back unit needs a bit of work but also carries a backyard with a 2 car garage with great ADU potential! Located near the 105 & 110 freeway easy for transportation. Property is oozing with potential! Each unit has SEPARATE METERS for GAS, ELECTRICITY, AND WATER making it easy to rent out and save money!
#CV25245853

Los Angeles

802 E 111th

None Beds

None Baths

1,200 Sq.Ft.

$649,999

MLS#: CV25245853

Great investment opportunity in East Los Angeles! Two upgraded units on one lot. Front unit 2 bed/1 bath, back unit 1 bed/1 bath. Long driveway fits up to 6 cars plus detached garage currently used for storage. LAR2 zoning offers future development possibilities. Convenient location near Downtown LA, Boyle Heights, and major freeways.
#WS25242496

Los Angeles

1229 S Indiana

None Beds

None Baths

1,128 Sq.Ft.

$559,000

MLS#: WS25242496

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here