1611-1615 E Cesar E Chavez Ave - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,200,000 USD
424-421-4241
1611-1615 E Cesar E Chavez Ave, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/7
null | 7.95% Cap Rate

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


HIGHLIGHTS

  • Mixed-use property with commercial and residential income streams
  • Corner location provides visibility along Cesar Chavez Avenue
  • Vacant units offer lease-up and value-add potential
  • Opportunity Zone location may support qualifying investments

OVERVIEW

1611-1615 E Cesar E Chavez Ave presents a mixed-use investment opportunity in Boyle Heights, one of Los Angeles' most established urban neighborhoods. The property combines commercial storefronts and residential units, creating multiple income streams and the potential for future value enhancement through leasing and operational improvements. Situated along Cesar Chavez Avenue, the asset benefits from a highly visible commercial corridor connecting residents, local businesses, and regional transportation routes. Its location places the property within close proximity to Downtown Los Angeles, major employment centers, educational institutions, healthcare facilities, and public transit options that support long-term residential and commercial demand. The property consists of two commercial storefronts and multiple residential units, including apartment units and additional residential improvements. Existing tenancy provides in-place income while vacant units and commercial space offer opportunities for lease-up and revenue growth. The combination of residential and commercial components creates diversification that can help balance occupancy and income performance across market cycles. Located within a designated Opportunity Zone, the property may provide additional appeal for investors seeking assets positioned within federally designated redevelopment areas. The corner location, street visibility, and established surrounding neighborhood contribute to the property's long-term investment profile while providing exposure along one of Boyle Heights' primary commercial corridors.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

7.95%

% LEASED

63%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LA-C2

APN/PARCEL ID

5174-010-033

ASK ABOUT THIS PROPERTY

Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

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Arie RoseRose & Co Commercial GroupMore Info
424-421-4241

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