$1,750,000
- Beds
- 3
- sq ft
- 6,156
1611 E Cesar E Chavez Ave, Los Angeles, CA 90033
1611 E Cesar E Chavez Ave
Los Angeles, CA 90033
- 82 days on market
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
Property type
Lot size
7,559 sq ft
Price per sq ft
$285
Year built
1922
Price History
04/09/2024
CLAW #24368707
Listed
$1,750,000
Schools & Community
Neighborhood:
Boyle Heights
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
High school district:
Los Angeles Unified
Status: Active
Tomo last checked: 07/01/2024 at 9:00 AM
Listing updated: 04/17/2024 at 5:13 AM
Listed by: Dan Stueve, Equity Union Phone #: (424) 600-7620
MLS: CLAW #24368707
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