1611 E Cesar E Chavez Avenue
Los Angeles, CA 90033
$50,500.00 (-2.89%)
Active for $1,699,500
Beds: 3 Baths: 1 Structure Size: 6,156 sqft Lot Size: 7,559 sqft
| MLS | 24368707 |
| Year Built | 1922 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $1,699,500 |
| Structure Size | 6,156 sqft |
| Lot Size | 7,559 sqft |
| Beds | 3 |
| Baths | 1 |
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 8.2% Pro Forma Cap rate.
Listing information courtesy of: Dan Stueve, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Maricela Alvarado And Associates
REALTOR®
Direct: 818.298.3223
Email: Email Me
DRE: 01932276
DRE #01873088
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