1140 N Chicago St, Los Angeles, CA 90033

Building Details

Year Built

1923

Listing office Ally Commercial Real Estate r***@allycommercialre.com Show Phone

Listing date Nov 5, 2025

Source Exitrealty

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Overview

The property consists of approximately 5,758 square feet of covered land on N Chicago St North, currently occupied with low-paying tenants. The site includes alley access, supporting a variety of redevelopment or repositioning approaches for an owner-user or investor.

The location places the property directly across the street from the USC Health Sciences Campus and the Los Angeles General Medical Center within the East LA/Boyle Heights submarket. The remarks also note strong accessibility for travel to and from the DTLA area.

For buyers considering development, the site’s placement in the new SB 79 Tier-2 zone is highlighted as a factor that may support additional density, with the buyer instructed to verify all development assumptions. The current tenant occupancy may also be relevant for investors evaluating near-term holding versus redevelopment timelines, while the alley access can be an important practical consideration for future site planning.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.2053

Latitude

34.05701

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FAQs

What type of property is this?

Apartment building - Covered multifamily site with alley access, occupied by tenants and positioned across major medical campuses.

Where is this apartment building located?

The property is located at 1140 N Chicago St Los Angeles, CA.

What is the asking price?

The asking price for this property is $555,000.

What are key features of this property?

This property features: 5,758 sq ft covered multifamily site with alley access; Year built 1923; Currently occupied with tenants described as low‑paying