1611-1615 E Cesar E Chavez Ave - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,549,999 USD
562-440-0177
1611-1615 E Cesar E Chavez Ave, Los Angeles, CA for Sale
$1,549,999 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 7.41% Cap Rate

1611-1615 E Cesar E Chavez Ave
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • busy street perfect for the retail units

OVERVIEW

Outstanding mix-use income property 8 units 6 apartments and 2 retail, with a potential income, one apartment and one of the retail store are vacant for the new owner to start new rental LOCATION,LOCATION,LOCATION!! This outstanding mixed-use income property is ideally located with conveinent access to the 101,10 and 5 freeways, offering unmatched connectivity and visibility. A prime investment opportunity, This 8-unit property features a strategic blend of commercial and residecial spaces, making it prefect for generating diverse rental income. The property fictures 8 units Total.This property offers 2 commercial units located on the ground floor at the front of the property, offering high visibility potential for retail stores or office use. As the rental income locate at the upper label and a house in the back has a car garage and laundry room. further enhancing rental income opportunities, This property also offer parking for each unit and a patio on the back the building in front of the back house adding convenience and value. This property represents a rare investment opportunity in a highly desirable area. With a mix of commercial and residential units, as well as close proximity freeway and minutes from downtown Los Angeles, This property offers long-term potential for stable income growth.

FOR SALE DETAILS

PRICE

$1,549,999 USD

PRICE/SF

$252 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2

APN/PARCEL ID

5174-010-033

ASK ABOUT THIS PROPERTY

Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

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Madela Luz ZavalaFirst Team Real EstateMore Info
562-440-0177

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.