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1140 N ChicagoLos Angeles, CA 90033

For Sale

$555,000

Smart Buyer Rebate $1,375

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.

Listed by Rickird Rey Ramirez

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License #01964882

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Ally Commercial Real Estate

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818-941-2990

Last updated November 14, 2025

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Source: CRMLS #DW25253577

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on Prevu15

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/16/2025
Price Decreased
$555,000
11/04/2025
Listed by Ally Commercial Real Estate
$575,000

Property Details for 1140 N Chicago

Association

Amenities

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

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Off Sidewalk

Measurements

  • Building Area Total: 1,036
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,758
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,758
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $17,640.00
  • Operating Expense: $10,858.00

Taxes

  • Parcel Number: 5201010012

Other

Location

  • Tax Lot: 115

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Electric: Standard
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.