1611 E Cesar E Chavez Avenue, Los Angeles CA, 90033
(Active)
$1,750,000
|
6,156 sqft
|
MLS# 24370985
Last Updated: 4/27/2024 2:22 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.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/22/2024 | Active | $1,750,000 USD |
|