1611 E CESAR E CHAVEZ AVE
LOS ANGELES, CA 90033

$1,750,000

3 Beds

1 Baths

6,156 Sq Ft

Status Active

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

$284 / Sq Ft

6 parking spaces

Floor Furnace

53 Days on website

0.1735 acres lot

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

Security Features

["Smoke Detector", " Window Bars", " Carbon Monoxide Detector(s)"]

Year Built

1922

Exterior And Lot

Lot Features

Lot Shape-Rectangular, Lot-Level/Flat, Single Lot, Sidewalks, Street Paved, Utilities - Overhead, Walk Street

Lot Location

City

Lot Size Acres

0.1735

Lot Size Square Feet

7558

Parking Features

Uncovered, Driveway - Concrete

Parking Total

Pool Features

["None"]

Spa Features

["None"]

Zoning

LAC2

Utilities

Cooling

["None"]

Heating

Floor Furnace

T V Services

Cable TV

Area And Schools

City

Los Angeles

County Or Parish

Los Angeles

School District

Los Angeles Unified

Financial Info

Gross Operating Income

141720

Gross Rent Multiplier

12.00

Price Per Sq Ft

284.28

Tax Annual Amount

$21,875

Tax Percent

1.25

Details for 1611 E CESAR E CHAVEZ AVE

Interior

Building And Construction

Exterior And Lot

Utilities

Area And Schools

Financial Info

Area Information for 1611 E CESAR E CHAVEZ AVE