1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
-
Listed Price :
$1,699,500
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1922
Property 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 8.2% Pro Forma Cap rate.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
1611 E Cesar E Chavez Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90033 |
| County |
Los Angeles |
| Listing Agent |
Dan Stueve DRE #01936133 |
| Co-Listing Agent |
Robert Siegmeth DRE #01105625 |
| Courtesy Of |
Equity Union |
| List Price |
$1,699,500 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
7,559 |
| Year Built |
1922 |
Listing information courtesy of: Dan Stueve, Robert Siegmeth, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 27th, 2024 at 8:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
