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1611 E Cesar E Chavez Ave
Los Angeles CA 90033 US

$1,699,500

Active Listing ID 24-368707
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3 bed
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Lot: 0.17 Acres
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Other

$1,699,500

Active Listing ID 24-368707
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1611 E Cesar E Chavez Ave 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 8.2% Pro Forma Cap rate.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Floor Covering: Laminate
  • Roof Type: Flat
  • Heating Fuels: Floor Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1699500
  • unparsedaddress: 1611 E Cesar E Chavez Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1735
  • lotsizeunits: Acres
  • lotsizearea: 0.1735
  • livingarea: 6156
  • livingareaunits: Square Feet
  • latitude: 34.051811
  • longitude: -118.218157
  • listagentfullname: Dan Stueve
  • listagentemail: dan@danstueveproperties.com
  • listagentkey: 3yd-CLAWCA-C112275
  • listagentmlsid: C112275
  • listagentpreferredphone: 4246007620
  • listagentofficephone: 4246007620
  • listofficekey: 3yd-CLAWCA-X7252106
  • listofficemlsid: X7252106
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1922
  • listingcontractdate: 2024-04-09
  • listagenturl: https://equityunion.com
  • countyorparish: Los Angeles
  • parcelnumber: 5174-010-033
  • elementaryschooldistrict: Los Angeles Unified
  • middleorjuniorschooldistrict: Los Angeles Unified
  • highschooldistrict: Los Angeles Unified
  • constructionmaterials: Brick
  • flooring: Laminate
  • heating: Floor Furnace
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 6
  • parkingfeatures: Driveway
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.218155, 34.05181
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Equity Union Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dan@danstueveproperties.com", "ListBrokerageCity":"Sherman Oaks", "ListBrokerageCountry":"US", "ListBrokerageEmail":"veronica@equityunion.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Equity Union Real Estate", "ListBrokeragePhone":"(818) 989-2000", "ListBrokeragePostalCode":"91423", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"STE 350", "ListBrokerageUnparsedAddress":"13412 VENTURA BLVD", "ListBrokerageWebsiteUrl":"https://equityunion.com", "ListOfficeAddress1":"2528 San Vicente Blvd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X70995", "ListOfficeCity":"Santa Monica", "ListOfficeCountry":"US", "ListOfficeEmail":"veronica@equityunion.com", "ListOfficePostalCode":"91423", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1611-E-Cesar-E-Chavez-Ave_Los-Angeles_CA_90033_M90427-51356?f=listhub&s=CLAWCA-24&m=368707&c=rexren", "MLSModificationTimestamp":"2024-08-27T13:24:46Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:53:12 AM GMT
Source Updated Date: 11/24/2024 6:57:30 AM GMT

Courtesy of: Dan Stueve, Equity Union, dan@danstueveproperties.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.