
Los Angeles, California 90033
This newly constructed six-unit multifamily Strong Value Opportunity is listed at $3,860,000, positioned above the $3,525,765 Fair Market Value. Featuring a Mint Condition Rating and modern energy-efficient systems, this asset offers significant operational efficiency with separately metered utilities. Its strategic location near the USC Health Sciences Campus and a Walk Score of 92 ensures high tenant demand. This property is an ideal acquisition for Buy-and-Hold Investors or Institutional Portfolios seeking a low-maintenance, income-producing asset in a rapidly evolving urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 N Chicago Subject | $3,860,000* List Price | 0 | 0 | 7,724 | $456 | - |
A 2843 Folsom Active | $3,199,500 List Price | 0 | 0 | 9,000 | $356 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Newly constructed in 2025, this property is in mint condition with modern energy-efficient systems, contemporary kitchens featuring stainless steel appliances, and requires no maintenance.
Built in 2025, this property features modern energy-efficient systems, fire sprinklers, and contemporary finishes, significantly reducing immediate maintenance costs and capital expenditure for investors.
Boasting a Walk Score of 92 and proximity to the USC Health Sciences Campus and DTLA, the property is ideally positioned to attract high-quality tenants and maintain low vacancy rates.
The units are separately metered for gas and electricity, allowing for streamlined property management and lower owner-paid utility expenses.
With a list price of $3.86 million, the high cost per unit may result in a lower initial capitalization rate compared to older value-add opportunities in the surrounding area.
The large 7,724 square foot building size relative to the 6,117 square foot lot suggests a high-density layout, which may limit on-site parking availability and private outdoor space for residents.
Introducing an exceptional investment opportunity at 327 N Chicago Street—a newly constructed six-unit multifamily property in the heart of Boyle Heights, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Designed for efficiency and low-maintenance ownership, the property features separately metered gas and electricity, modern energy-efficient systems, fire sprinklers, and contemporary finishes throughout. With a Walk Score of 92, residents are within easy reach of public transportation, neighborhood shops, restaurants, and everyday conveniences. The property is also ideally positioned near the USC Health Sciences Campus, Downtown Los Angeles, the Arts District, the Metro A Line, Union Station, and major bus routes. Convenient access to the 5, 10, 60, 101, 110, and 710 freeways provides outstanding connectivity throughout Greater Los Angeles. Combining new-construction advantages with a highly accessible urban location, this rare six-unit offering presents an attractive opportunity for investors seeking a modern income-producing asset in the vibrant 90033 ZIP code. Don’t miss the chance to own a distinctive multifamily property in a location where convenience, growth, and long-term potential come together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 7,724 | 2,187.451 |
| Lot Size | 6,117 | 5,841.385 |
| Price | $3.86M | $841.5K |
| Price per sq ft | $500 | $385 |
| Built year | 2025 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Sep 3, 2026
$3,860,000
Initial Listing
Jan 17, 2020
$680,000
Public Record