$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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Recent Activity For 1611 E Cesar E Chavez Avenue Los Angeles, CA 90033

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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.)

$9,342
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