2228-2232 E Cesar E Chavez Ave - Freestanding FOR SALE


Los Angeles, CA 90033- Boyle Heights
$2,999,999 USD
562-225-4802
2228-2232 E Cesar E Chavez Ave, Los Angeles, CA for Sale
$2,999,999 USD
Freestanding - FOR SALE
1/78
null | 10% Cap Rate

2228-2232 E Cesar E Chavez Ave
Los Angeles, CA 90033
Boyle Heights


OVERVIEW

Prime investment opportunity in the heart of Boyle Heights! This well-maintained 12,510 sq. ft. two-story commercial building, situated on a 7,775 sq. ft. lot, offers an exceptional opportunity for both investors and owner-users seeking strong cash flow in one of Los Angeles' most established commercial corridors. Currently nearly fully occupied, with only one vacant unit, this property provides immediate income while still offering upside through the available space and future rental adjustments. Several tenants are on month-to-month leases, providing flexibility for a new owner to reposition the asset or increase rents over time. The front retail space is currently occupied by an academy with a longer lease, adding to the property's diverse tenant mix. A unique feature of this property is its approximately 4,000 sq. ft. basement, which is currently being utilized by a business. This additional space offers tremendous flexibility for storage, operations, workspace, or future business expansion, making it a valuable asset rarely found in commercial properties in the area. With an estimated 10% cap rate, this is a rare opportunity in today's commercial market. The building is in turnkey condition, featuring high ceilings, excellent natural light, and a functional layout suitable for a variety of commercial uses. Located on the highly trafficked Cesar E. Chavez Avenue, the property enjoys outstanding visibility, strong daily traffic counts, and easy access to Downtown Los Angeles. Select areas of the property even offer views of the Downtown LA skyline. An additional highlight is the private rear patio, which presents an excellent opportunity to create an outdoor break area, lunch space, barbecue patio, or employee gathering area, adding value and appeal for tenants or an owner-user. Street parking and nearby public parking options provide convenient access for customers and employees. Whether you're looking to expand your investment portfolio, occupy part of the building while collecting rental income, or capitalize on the continued growth of Boyle Heights, 2228 E. Cesar E. Chavez Avenue offers strong in-place cash flow, excellent tenant occupancy, and tremendous long-term upside in one of Los Angeles' most vibrant commercial corridors.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$194 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

5183-003-002

ASK ABOUT THIS PROPERTY

Paola MelendezCentury 21 AllstarsMore Info
562-225-4802

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Paola MelendezCentury 21 AllstarsMore Info
562-225-4802

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