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$1,750,000
3 bed
6,156 Sqft
7,559 Sqft lot

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

  • Residential Income Property Type
  • 60 Days Time on market
  • $284 Price per sqft
  • 1922 Year Built
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 7.97% Pro Forma Cap rate.

Basic Details
Residential Income
Buy
24368707
$1,750,000
3
6,156 Sqft
1922
7,559 Sqft
Active
Condos/Co-ops
Features
: Floor Furnace
: Disposal
6
$0
: Other
Address
CA
Los Angeles
Los Angeles
90033
1611 E Cesar E Chavez Avenue
1611
Avenue
0
W119° 46' 54.6''
N34° 3' 6.5''
E
Additional Information
60
1
2
2
1
: Two
1
6,156 Sqft
0 Sqft
0 Sqft
0.17 Sqft
7,559 Sqft
1
0 Sqft
LAC2
5174010033
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
09/04/2024 15:56:40
$0
: Standard
Cash
See Map
Equity Union
Dan Stueve
CLW-X7252106
CLW-C112275
$0
5.78
: Brick, Wood Siding
: Laminate
1
: Rectangular Lot
1
: Overheadutilities
0
0
1
3
8
8
8
8
Shed(s)
Carbon Monoxide Detector(s),Smoke Detector(s),Wind
1
141720
US-06037-N-5174010033-R-N
09/04/2024 23:17:28
Cesar E Chavez
BOYH - Boyle Heights
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