5-Bedroom ResidentialIncome — 624 S Chicago Street, Los Angeles, CA

About this property

Perfectly positioned in the heart of historic Boyle Heights, this beautifully maintained, turnkey residence offers a rare combination of modern comfort and incredible investment potential. Located just one block from Hollenbeck Park and minutes from the vibrant pulse of Downtown Los Angeles, this versatile property currently serves as a spacious single-family residence but can easily be converted back to its permitted duplex use. Enjoy exceptional curb appeal with a manicured front lawn and a double-wide entrance that opens to a stunning deck, ideal for sunset viewing. Inside, the home radiates pride of ownership with a refreshed interior featuring new flooring and paint completed just two years ago. The ground floor offers an expansive layout, including an oversized living area, a large dining room, and a primary bedroom. Upstairs, the second floor provides three additional bedrooms each with its own walk-in closet along with a secondary kitchen and a massive attic perfect for extra storage. The sale includes two metal storage sheds, and a comprehensive interior and exterior security system. Access is both easy and secure via three alley gates, including a central electronic gate for convenient entry. The property features two versatile garage spaces: one converted into a climate-controlled office/studio and the other serving as a functional work room. The rear yard is fully cemented and RV-friendly, providing a low-maintenance space perfect for hosting large family events. The property is zoned LARD1.5, offering the potential to build two additional units and providing incredible future value. This is a premier opportunity for savvy investors and multi-generational families to own a versatile piece of Los Angeles history (buyer to verify development potential with the City).

Property details

Location

624 S Chicago Street • Los Angeles, CA 90023

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Listed by

Roxana Solis · Ernest & Cooper Realty