372 N Chicago, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90033
This Residential Income Duplex represents a High-Potential Investment Opportunity in the high-demand Boyle Heights corridor. With a List Price of $424,999, the asset is positioned near its $412,087 Fair Market Value, reflecting the price stability of this competitive urban submarket. Requiring a complete gut renovation, the property carries a Fixer-Upper Condition Rating, offering significant forced appreciation through the modernization of its two one-bedroom units. Its proximity to Downtown Los Angeles ensures strong long-term rental demand and high ROI potential. This value-add project is perfectly suited for Fix-and-Flip Investors or Contractors looking for a strategic acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 372 N Chicago Subject | $424,999* List Price | 0 | 0 | 1,157 | $356 | - |
A 2112 City View Avenue Active | $515,000 List Price | 0 | 0 | 1,560 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this property is a significant fixer-upper requiring a complete gut renovation. The interior shows extensive deferred maintenance, including peeling paint, damaged flooring, and outdated electrical fixtures. The kitchen and bathrooms are in poor condition with obsolete cabinetry, worn tiling, and aged plumbing fixtures. The exterior also requires substantial repair to the siding and windows, consistent with a property needing full rehabilitation.
Situated in the high-demand Boyle Heights area, the property offers exceptional proximity to Downtown Los Angeles, major employment hubs, and diverse cultural amenities.
As a duplex featuring two separate one-bedroom units, this property provides a versatile opportunity for consistent rental income or a strategic house-hacking arrangement.
Priced as a 'diamond in the rough,' this listing allows investors to capture equity growth through comprehensive renovations and modernization of the existing structure.
The property is in need of significant repairs and updates, which will require a substantial upfront capital investment and construction management.
Built in 1910, the property likely features outdated systems and a compact 1,157-square-foot total layout that may pose challenges for modern utility upgrades.
Calling Investors! This is a great opportunity with significant potential in the Boyle Heights area of Los Angeles. A true "diamond in the rough," this property consists of two units, each featuring one bedroom and one bathroom. It is ideally situated near Downtown Los Angeles, offering close proximity to excellent dining, museums, shopping centers, and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,157 | 2,156 | 9% |
| Lot Size | 2,560 | 5,840 | 9% |
| Price | $425.0K | $685.0K | 9% |
| Price per sq ft | $367 | $380 | 36% |
| Built year | 1910 | 1924 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 204 | 18% |
Feb 24, 2026
$424,999
Initial Listing