1611 E Cesar E Chavez Avenue, Los Angeles, CA 90033

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

Overview

Property ID: SGR-29027908
  • Residential Income
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 6156.00
  • 1922
  • Year Built

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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