For Sale
1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
  • $1,750,000
  • $284

Overview

Property ID: HZ16075230
  • Commercial Sale
  • Property Type
  • 1922
  • Year Built

Description

An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots – 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it’s expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.

  • Address 1611 E Cesar E Chavez Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90033
  • Area BOYH - Boyle Heights
  • Country United States

Details

Updated on March 22, 2024 at 7:12 pm
  • Property ID: HZ16075230
  • Price: $1,750,000
  • Land Area: 7559.00 Sqft
  • Year Built: 1922
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 6156.00
  • Living Area Prefix: Sqft
  • MLS#: 24370985
  • Office Name: EQUITY UNION
  • Agent Name: Dan Stueve
  • MLS Status: Active
  • Co-Office Name: Equity Union
  • Co-Agent Name: Robert Siegmeth
  • Agent State License: 01936133
  • Co-Agent State License: 01105625

Additional details

  • Roof: Flat
  • Heating: Floor Furnace
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 5.00
  • Water Source: Public

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