327 N Chicago Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
ACTIVE$3,680,000$7,724/sqft
327 N Chicago Street, Los Angeles, California 90033
0Bed
0Bath
7,724Sqft
6,114Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Brand New Construction: Built in 2025, this property offers modern standards, low-maintenance, fire sprinklers, energy-efficient systems, and contemporary finishes, appealing to both tenants and investors.
Top Cons:
Future Delivery/Off-Plan Sale: With a year built of 2025 and an on-market date in 2026, the property is not yet completed, meaning no immediate rental income and potential for construction delays.
Compared to the nearby listings
Price:$3.68M vs avg $750.0K (+$2,930,000)94%
Size:7,724 sqft vs avg 2,269 sqft88%
Price/sqft:$476 vs avg $38071%
More Insights
Built in 2025 (1 years old).
Condition: This is a newly constructed property (built 2025) with modern, contemporary finishes throughout. The kitchens feature new stainless steel appliances, gray cabinetry, and dark countertops. Bathrooms are updated with modern vanities, subway tile, and stylish fixtures, including a black-framed shower with patterned floor tile. All components appear new, meet current quality standards, and show no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$3.68M
Original List price
$3.68M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
AR26003789
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
Introducing a newly constructed 6-unit multifamily property located in the heart of Boyle Heights, one of Los Angeles’ most rapidly evolving neighborhoods. Each unit is separately metered for gas and electricity, minimizing ownership expenses. Built to modern standards, this low-maintenance property benefits from new construction efficiencies including fire sprinklers, energy-efficient systems, and contemporary finishes. Situated in the vibrant 90033 zip code, the building is ideally positioned just minutes from USC Health Sciences Campus, Downtown LA, Arts District, and major freeways including the 10, 5, and 101. Tenants enjoy easy access to public transportation (Metro Gold Line and major bus routes), nearby shops, restaurants.
J
Janet Chan
Listing Agent
Price History
Date
Event
Price
01/17/20
Sold
$680,000
Condition Rating
Excellent
This is a newly constructed property (built 2025) with modern, contemporary finishes throughout. The kitchens feature new stainless steel appliances, gray cabinetry, and dark countertops. Bathrooms are updated with modern vanities, subway tile, and stylish fixtures, including a black-framed shower with patterned floor tile. All components appear new, meet current quality standards, and show no signs of wear or deferred maintenance.
Pros & Cons
Pros
Brand New Construction: Built in 2025, this property offers modern standards, low-maintenance, fire sprinklers, energy-efficient systems, and contemporary finishes, appealing to both tenants and investors.
Strong Income Potential: As a 6-unit multifamily property, it is designed for residential income, providing multiple revenue streams for an investor.
Minimized Ownership Expenses: Each unit is separately metered for gas and electricity, significantly reducing landlord utility costs and simplifying expense management.
Strategic Urban Location: Situated in the rapidly evolving Boyle Heights, it offers excellent proximity to USC Health Sciences Campus, Downtown LA, Arts District, major freeways, and public transportation.
High Rental Demand Area: The vibrant 90033 zip code and accessibility to key employment centers and amenities suggest strong tenant demand and potential for consistent occupancy.
Cons
Future Delivery/Off-Plan Sale: With a year built of 2025 and an on-market date in 2026, the property is not yet completed, meaning no immediate rental income and potential for construction delays.
Property Type Inconsistency: The listing identifies the sub-type as 'Duplex' while the description clearly states '6-unit multifamily property,' which could lead to confusion or misrepresentation.
Significant Capital Requirement: The list price of $3.68 million represents a substantial initial investment, potentially limiting the pool of eligible buyers to well-capitalized investors.