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

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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 8.2% Pro Forma Cap rate.


Interior Features

Bedroom Information
Bedrooms 3
Bathroom Information
Bathrooms 1
Flooring Information
Material Laminate
Interior Information
Cooling Type None

Listing Information

Address 1611 E Cesar E Chavez Avenue
City Los Angeles
State CA
Zip 90033
County Los Angeles
Listing Agent Dan Stueve DRE #01936133
Co-Listing Agent Robert Siegmeth DRE #01105625
Courtesy Of Equity Union
List Price $1,699,500
Status Active
Type Residential Income
Structure Size 6,156
Lot Size 7,559
Year Built 1922

Listing information courtesy of: Dan Stueve, Robert Siegmeth, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.