1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
For Sale
1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
Overview
Property ID: SGR-29027908
- Residential Income
- 3
- 1
- 6156.00
- 1922
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
Open on Google Maps- 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 April 9, 2024 at 11:38 pm- Property ID: SGR-29027908
- Price: $1,750,000
- Property Size: 6156.00 m²
- Land Area: 7559.00 m²
- Bedrooms: 3
- Bathroom: 1
- Year Built: 1922
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 6156.00
- MLS#: 24368707
- Office Name: EQUITY UNION
- Agent Name: Dan Stueve
- MLS Status: Active
- Living Area Prefix: Sqft
- Co-Office Name: Equity Union
- Co-Agent Name: Robert Siegmeth
- Agent State License: 01936133
- Co-Agent State License: 01105625
Additional details
- Sewer: Other
- Cooling: None
- Heating: Floor Furnace
- Flooring: Laminate
- County: Los Angeles
- Parking: 6.00
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