1611 East Cesar E Chavez Avenue Los Angeles, CA ^$ 1,750,000

1611 East Cesar E Chavez Avenue

^$ 1,750,000

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1611 East Cesar E Chavez Avenue

Los Angeles, CA, 90033

^$ 1,750,000

Studio Baths0.0 Sq 6,156

Monthly Estimate*

^$ 11,631

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 1

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1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 3

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 4

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 5

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 6

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 7

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 8

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 9

1611 East Cesar E Chavez Avenue, Los Angeles, CA 90033 - Image 10

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,750,000. This 6,156 square foot home was built in 1922 on a lot size of 0.17.

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.

Multi-Family Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024368707

Features

General

Heating Floor Furnace

Possession Close of Escrow

Roof Concrete

Zoning LAC2

Security Features Smoke Detector(s) Window Bars Carbon Monoxide Detector(s)

Construction Materials Brick Wood Siding

Year Built 1922

Levels Two

Accessibility Other

County Los Angeles

Net Operating Income 101125.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

Senior Community Y/N No

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 7559.0

Street Name Cesar E Chavez

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Interior

Flooring Laminate

Kitchen Appliances Disposal

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

Exterior

Parking Features Uncovered

Lot Features Rectangular Lot Utilities - Overhead

Lot Size Area 7559.0

Foundation Details None Slab

Spa No

Pool Y/N? No

Building Area Total 6156.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Dan Stueve

Listing Agent

Equity Union

Broker

Affordability Calculator

$11,631

Per Month

Monthly Principal & Interest: $11,631
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,978,836

Percent of Sale Price 13%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$1,750,000		Listed Price

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1611 East Cesar E Chavez Avenue, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,750,000 with 6,156 sqft and a lot size of 0.17. 1611 East Cesar E Chavez Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/10/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1611 East Cesar E Chavez Avenue

Multi-Family Home for sale in Los Angeles, CA

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