624 S Chicago Street, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath

624 S Chicago Street, Los Angeles, California 90023 home-pic-0
ACTIVE$950,000
624 S Chicago Street, Los Angeles, California 90023
0Bed
0Bath
2,283Sqft
7,117Lot
Year Built
1906
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$416
HOA
-
Days on market
-
Sold On
-
MLS number
TR25219346
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(77th), sqft - 2283(62th), beds - undefined(50th), baths - undefined(50th).

Welcome to 624 South Chicago Street, located in the heart of Boyle Height, just a block from Hollenbeck Park, minuets to the pulse of the great City of Los Angeles and all of its history, venues, and communities. This two-story duplex is currently utilized as a single-family residence and can easily be converted back to its permitted use as a duplex. Manicured front lawn, double wide walk up to a wonderful veranda from which to view the daily sunset. Ground floor consists of one bedroom, a full bath, large dinning & kitchen with an oversized living area. Living room and bedroom have their own window air conditioners. Second floor currently used as three bedrooms with each having a walk-in closet, former kitchen used as an office space adjacent to a laundry room with rear door. Upstairs living room can be converted back to a living room area with the adjacent office area reversing its use as a kitchen. Drop down stairs to access the attic area. Security system servicing the exterior and interior of this property is included with the sale of the property along with the kitchen stove and two metal sheds. There are three gates accessing the alley, two of the rear gates are operated manually the middle rear gate is operated electronically for secure ingress and egress. One single car garage has been converted as an office/studio use with its own air conditioner; the other single car garage is used as a work room. Rear yard is completely cemented and is RV friendly. Property is zoned RD.15 and has potential to build two additional units, subject to verification with the City of Los Angeles.

Price History

Date
Event
Price
09/17/25
Listing
$950,000
09/08/10
Sold
$210,000
11/01/04
Sold
$425,000
08/24/99
Sold
$209,000
Condition Rating
Fair

Built in 1906, this property is well-maintained for its age with some cosmetic updates like laminate flooring and modern ceiling fans. However, the kitchen features significantly dated tiled countertops and cabinets, despite having newer appliances. The property also relies on individual window air conditioners, indicating a lack of central HVAC. While functional and clean, the major systems and key areas like the kitchen and likely bathrooms (no images provided) show signs of being outdated and would require substantial updates to meet current standards and buyer expectations.
Pros & Cons

Pros

Development & Income Potential: The property is zoned RD.15, offering significant potential to build two additional units, and can easily be converted back to its permitted duplex use, providing substantial income generation and value-add opportunities.
Prime Location: Strategically located in the heart of Boyle Heights, just one block from Hollenbeck Park, offering convenient access to local amenities and the vibrant cultural pulse of Los Angeles.
Versatile Spaces & Features: Includes a single-car garage converted into an office/studio with its own AC, another garage used as a workroom, a comprehensive security system, and an RV-friendly cemented rear yard, enhancing functionality and utility.
Historic Charm & Curb Appeal: A 1906-built property featuring a manicured front lawn and a wonderful veranda, contributing to its classic architectural appeal and welcoming exterior.
Generous Lot Size: A substantial 7117 sqft lot provides ample outdoor space and supports the significant development potential for additional units.

Cons

Age of Property & Potential for Updates: Built in 1906, the property may require significant investment in updating older systems (plumbing, electrical, etc.) to meet modern standards and preferences.
Inadequate Cooling System: The property relies on individual window air conditioners for limited areas, lacking a central cooling system, which could be a major drawback during Los Angeles' hot summer months.
Conversion Required for Duplex Use: While permitted as a duplex, it is currently configured as a single-family residence, necessitating additional investment and effort to convert it back to its income-generating duplex layout.

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