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

(Active)
$1,750,000
|
6,156 sqft
|
MLS# 24370985
Last Updated: 5/18/2024 6:26 AM
Description for 1611 E Cesar E Chavez Avenue Los Angeles, CA 90033
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.
Price
$1,750,000
Los Angeles
6,156 (approx)
24370985
Active
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 7.97% Pro Forma Cap rate.
Listing Information
Property Type: Mixed Use, Business Opportunities, 2 Story
0.17 Acres 6,156 (approx) 1922
2
Public
Cable Available
3 Total
Neighborhood
Room Information
Interior Features
Other, Floor Furnace
Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Exterior / Lot Features
5 Parking Spaces, 0 Covered Parking Spaces,
Flat
LAC2
Rectangular Lot
Community Features
Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
Driving Directions
See Map
Financial Considerations
5174010033
Cash
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90033 has a population of 3,956,168.

The median household income in Los Angeles, California 90033 is $42,089. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90033 is 38 years.

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Listing Agent: Dan Stueve CalDRE: 01936133 - Equity Union
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 6:26 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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