$1,750,000
1611 Cesar E Chavez Avenue, Los Angeles 90033
6,156
Square feet
7,559
Lot Size
8
# Of Units
Listing Agent
Dan Stueve - Equity UnionAn 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.
Facts & Features
MLS® # | 24368707 |
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Price | $1,750,000 |
Bathrooms | 0.00 |
Square Footage | 6,156 |
Lot Size | 7,559 |
Year Built | 1922 |
Type | Residential Income |
Status | Active |
# Of Units | 8 |
Community Information
Address | 1611 Cesar E Chavez Avenue |
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Area | BOYH - Boyle Heights |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90033 |
Amenities
Utilities | Overhead Utilities |
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Parking Spaces | 6 |
Parking | Concrete, Uncovered |
Garages | Concrete, Uncovered |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Laminate |
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Appliances | Disposal |
Heating | Floor Furnace |
Cooling | None |
Has Basement | No |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Exterior | Wood Siding, Brick |
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Lot Description | Rectangular Lot |
Construction | Wood Siding, Brick |
Foundation | Slab |
School Information
District | Los Angeles Unified |
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Additional Information
Date Listed | April 9th, 2024 |
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Days on Market | 20 |
Zoning | LAC2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Dan Stueve |
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Office | Equity Union |