1611 East Cesar E Chavez Avenue
1611 East Cesar E Chavez Avenue
$1,750,000
3
1
6,156
6,156
$284
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...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.
- Listed by Dan Stueve • DRE #01936133 • Brokerage DRE #01342342 • Equity Union
- Listed by Robert Siegmeth • DRE #01105625 • Equity Union
Property Details for 1611 East Cesar E Chavez Avenue
Zoning
LAC2
Cross StreetsEchandia Street
Parcel Number5174010033
Total Units8.0
Living Area6156
Source Living AreaVendor Enhanced
AreaBoyle Heights (BOYH)
Vacancy Rate0
Location
LISTING UPDATED: 04/17/2024 12:01 AM
Property Details for 1611 East Cesar E Chavez Avenue
Status | Active |
---|---|
MLS # | 24-368707 |
Days on Market | 25 |
Taxes | $21,875 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.17 AC / 7,559 SF |
County | Los Angeles County |
Location
Building Information for 1611 East Cesar E Chavez Avenue
Stories2Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,559 SF
Payment Calculator
$11,373 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1611 East Cesar E Chavez Avenue
Property History for 1611 East Cesar E Chavez Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1611 East Cesar E Chavez Avenue
Taxable ValueLand$302,101Additions$525,402Total$827,503
Tax Record2023$10,829 ($902 / month)
Home Facts
Total Finished SqFt6,156 SqFtAbove Grade Finished SqFt6,156 SqFtStories1Lot Size7,557 SqFtStyleOffice BuildingYear Built1922ZoningLAC2CountyLOS ANGELESAPN5174-010-033
Schools near 1611 East Cesar E Chavez Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Bridge Street Elementary School PublicK to 5 | ||
Hollenbeck Middle School Public6 to 8 | ||
Theodore Roosevelt Senior High Public9 to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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