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Image 1 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 2 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 3 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 4 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 5 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 6 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 7 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Image 8 - 1611 E Cesar E Chavez Ave, Los Angeles, California, 90033 - House for sale

Home For Sale In Los Angeles, California

1611 E Cesar E Chavez Ave, Los Angeles, California, 90033

Home For Sale In Los Angeles, California

house for sale

6 views

Listed: 04/13/24

1611 E Cesar E Chavez Ave, Los Angeles, California, 90033

3 Bed:

1 Bath:

6,156 Sq Ft Living Area:

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Price

$ 1,75M

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About This House

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 Health 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 7.97% Pro Forma Cap rate.

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Boyle Heights Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.