1140 N Chicago Los Angeles, CA ^$ 555,000

1140 N Chicago

^$ 555,000

Back to search

1140 N Chicago

Los Angeles, CA, 90033

^$ 555,000

Studio Baths1.0 Sq 1,036

Monthly Estimate*

^$ 3,462

Listed by Ally Commercial Real Estate

View a Virtual Tour

Studio

Multi-Family Home for sale in Los Angeles, CA

for $555,000 with 1 full bath. This 1,036 square foot home was built in 1923 on a lot size of 0.1322.

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.

Multi-Family Active

Price

^$ 555,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1322

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25253577

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling Wall/Window Unit(s)

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1923

Electric Standard

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 17640

Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks Urban

County Los Angeles

Net Operating Income 6253

Operating Expense 10858

Insurance Expense 777

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions On the East Side of N Chicago St between Charlotte St to the North and Marengo St to the South

City Los Angeles

Entry Location Off Sidewalk

Senior Community Y/N 0

Number Of Units Total 2

MLS Area 677 - Lincoln Hts

Lot Size Units Square Feet

Lot Size Square Feet 5758

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 115

Property Sub Type Additional Duplex

Interior

Fireplace Features None

Total Stories 1

Common Walls 1 Common Wall

Air Conditioning Y/N 1

Heating Y/N 1

Fireplace Y/N 0

Laundry Features None

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 5758

Number of Buildings 1

Spa 0

Building Area Total 1036

Lot Size Acres 0.1322

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Ally Commercial Real Estate

Broker

rick@allycommercialre.com

Affordability Calculator

$3,462

Per Month

Monthly Principal & Interest: $3,462
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,895,310

Percent of Sale Price 241%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$555,000		Listed Price

Map

More homes like this one

homes for you

See all

1140 N Chicago, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $555,000 with 1,036 sqft and a lot size of 0.1322. 1140 N Chicago is a studio with 1.0 baths and was built in 1923. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1140 N Chicago

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home