10
  • Property Type
  • Residential Income
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 6156.00 m²
  • Area Size
  • 1922
  • Year Built
1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033
  • $1,750,000
  • $284

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: 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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Contact Information

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Sankofa Global Realty
  • Sankofa Global Realty

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