Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
Los Angeles, CA 90022,4537 E Cesar E Chavez Ave
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$1,360,000

$1,375,000

1.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7 Beds

8 Baths

5,656 SqFt


SOLD DATE : 09/25/2024

Key Details

Sold Price $1,360,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,656 sqft

Price per Sqft $240

MLS Listing ID 24-382455

Sold Date 09/25/24

Bedrooms 7

Year Built 1923

Lot Size 5,538 Sqft

Acres 0.1219

Property Description

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.

Location

State CA

County Los Angeles

Area East La

Zoning LCC3*

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling Wall Unit(s)

Flooring Mixed, Stained Concrete, Engineered Hardwood, Cement

Fireplaces Type None

Equipment Garbage Disposal

Laundry None

Exterior

Garage None

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 2

Sewer In Connected and Paid

Water Public

Level or Stories Two

Structure Type Brick, Stucco

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Compass
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 975-2700

listings@guiderealestate.com

1610 R Street, Sacramento, California, 95811, United States

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