$1,699,500
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1611 Cesar E Chavez Avenue Los Angeles, CA 90033
Mixed Use
Residence
Beds
Baths
6,156
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Hea...lth Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 8.2% Pro Forma Cap rate.
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MLS#
24370985
Property Type
Mixed Use
Status
Year Built
1922
Square Feet
6,156
sq. ft
Lot Size
0.17
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Source: Walk Score®
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