Properties
Los Angeles, CA 90033 1140 N Chicago
$555,000
10 more
Presented By: Rickird Rey Ramirez with Ally Commercial Real Estate;
Baths • 1
SQFT • 1,036
Home Details
This prime 5,758 sq ft covered land on Chicago St North, Los Angeles, presents a rare opportunity for developers, investors, and/or owner-users. Situated in a high-demand area, the property offers strong development potential in a rapidly growing neighborhood. Property is currently occupied with low paying tenants. Lot does have alley access.
Located right across the the street from USC Health Sciences Campus and the Los Angeles General Medical Center in the East LA/Boyle Heights submarket. The site benefits from excellent accessibility right outside DTLA. Its strategic position, now amplified with being in the new SB 79 Tier-2 zone should allow for considerable more density on the site, buyer to verify.
Presented By: Rickird Rey Ramirez with Ally Commercial Real Estate;
Interior Features for 1140 N Chicago
Other Interior Features
Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 1140 N Chicago
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Urban
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsOn the East Side of N Chicago St between Charlotte St to the North and Marengo St to the South
ElectricStandard
Electric Expense
Entry LocationOff Sidewalk
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income17640
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense777
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet5758
Lot Size UnitsSquare Feet
MLS Area677 - Lincoln Hts
Net Operating Income6253
New ConstructionNo
Number Of Units Total2
Operating Expense10858
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot115
Trash Expense0
Water Sewer Expense0
Year Built1923
Year Built SourcePublic Records
Exterior for 1140 N Chicago
Building Area Total1036
Lot Features2-5 Units/Acre
Lot Size Acres0.1322
Lot Size Area5758
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
