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4537 Cesar E Chavez Avenue

Los Angeles, CA 90022

$1,360,000 Sale Price
Est. Payment: $ 0/mo
7
Bed
0
Bath
5,656 Sq. Ft.
$243 / Sq. Ft.
Sold

4537 Cesar E Chavez Avenue

Los Angeles, CA 90022

Sold
$1,360,000 Sale Price
$0/mo
7
Bed
0
Bath
5,656
Sq. Ft.
This property is priced to sell! Only $243/SF! Listed at 11.74 GRM on current rents, a 6.13% CAP rate, and plenty of room to grow on rents, this is an excellent opportunity for an investor who wants to own a cash flowing property in an irreplaceable area. Call for a full marketing package w/financials. Welcome to East Los Angeles, a warm and vibrant community rich with cultural history and deep roots. The subject property is a well known local gem situated along one of the most well known blocks east of the 710 Fwy. It sits directly across from the famous La Azteca Tortilleria and adjacent to the historic El Gallo Plaza and the landmark Our Lady of Soledad Church. Also nearby are Cities Nightclub and El Gallo Restaurant and Bakery. The offering includes two structures: The front structure features 2 ground floor retail storefronts and a large 2nd floor 3Br apartment with patio. In the rear is a separate quadruplex with all 1Br+1Ba apts. Given that this is unincorporated Los Angeles, the 5 units are not subject to City of LA Rent Control, only County of LA. All in all, this is an incredible opportunity to purchase an iconic piece of East LA history.
PROPERTY INFORMATION
MLS # 24382455 Lot Size 5,538 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,375,000
Price Per SqFt: $ 243
DOM 379 Days
Address 4537 Cesar E Chavez Avenue Type Residential Income
City Los Angeles Sq.Ft. 5,656 Sq. Ft.
Postal Code 90022 Garage N/A
County Los Angeles Year Built 1923
Bed / Bath 7 / 0 Parking N/A
Built In 1923 Status Closed
Sold Date 2024-09-25
INTERIOR FEATURES
Has Laundry Yes
Laundry Information None
Has Fireplace No
Fireplace Information None
Has Appliances Yes
Kitchen Appliances Disposal
DoorFeatures French Doors
EntryLocation Main Level
Has Spa No
SpaDescription None
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s)
Bathroom Information Low Flow Toilet(s), Low Flow Shower
EXTERIOR FEATURES
Has Pool No
Pool None
Has Patio Yes
Patio Roof Top
Has Sprinklers No
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,467
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/22/2024 Listed $1,500,000
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Listing provided courtesy of Dana Coronado, Compass. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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