$1,750,000
Active
54 Days Online
3 Beds1 Bath6,156 SQFT
Active
1611 E Cesar E Chavez Avenue Los Angeles, CA 90033
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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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site53 Days
- MLS StatusActive
- MLS ID Number24368707
- Home Size Source N/A
- Year Built1922
- Lot Size0.1735 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1611 E Cesar E Chavez Avenue Los Angeles, CA 90033
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2 months ago |
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General Features
- Construction BrickWood Siding
- Parking UncoveredConcrete
- Parking Spaces 6
- Sewer Other
- Number of Stories 22
- Acreage 0.1735
- Security Smoke Detector(s)Window BarsCarbon Monoxide Detector(s)
- Foundation Slab
- Zoning LAC2
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Floor Furnace
- Appliances Disposal
- Flooring Laminate
Exterior Features
- Spa No
- Pool Features None
- Spa Features None
- Lot Rectangular LotUtilities - Overhead
- Other Structures Shed(s)
Community Features
- Senior Community No
- MLS Area BOYH - Boyle Heights
- Security Features Smoke Detector(s)Window BarsCarbon Monoxide Detector(s)
Schools
School District
Los Angeles Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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Monthly Payment (Est.)
$9,342Copyright ©2024 Information is deemed reliable but not guaranteed.