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90033
1611 E CESAR E CHAVEZ AVE

1611 E CESAR E CHAVEZ AVE, Los Angeles, CA 90033, photo 1 of 5

1611 E CESAR E CHAVEZ AVE, Los Angeles, CA 90033, photo 2 of 5

1611 E CESAR E CHAVEZ AVE, Los Angeles, CA 90033, photo 3 of 5

1611 E CESAR E CHAVEZ AVE, Los Angeles, CA 90033, photo 4 of 5

1611 E CESAR E CHAVEZ AVE, Los Angeles, CA 90033, photo 5 of 5

Listed By Equity Union, Dan Stueve

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1611 E CESAR E CHAVEZ AVE Los Angeles, CA 90033

$1,750,000

3

Bedrooms

1

Total Baths

—

Full Baths

6,156

Square Feet

0.17

Acres

1922

Year Built

Active

Status

MLS#

24-368707

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.

Details for 1611 E CESAR E CHAVEZ AVE

Year Built

1922

Parking

Price / Sq Ft

$284

HOA

No Info

Cooling

Heating

Yes

On Website

21 Days

Acres

0.1735

Interior

Bathrooms Total

Bedrooms Total

Flooring

Laminate

Living Area

6,156 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1922

Exterior And Lot

Lot Size Acres

0.1735

Lot Size Square Feet

7558

Parking Features

Uncovered, Driveway - Concrete

Parking Total

Zoning

LAC2

Utilities

Cooling

None

Heating

Floor Furnace

Area And Schools

City

Los Angeles

County Or Parish

Los Angeles

School District

Los Angeles Unified

Financial Info

Tax Annual Amount

$21,875.00

Additional Info

GrossOperatingIncome

141720

GrossRentMultiplier

12.00

LotLocation

City

PricePerSqFt

284.28

TVServices

Cable Tv

TaxPercent

1.25

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Equity Union, 424-600-7620

MLS# 24-368707

Updated 7:57PM - 4/29/2024

Listing Agent Dan Stueve, 310-595-5875

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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