Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

1

Building size

2,487 sqft

Lot size

6,664 sqft

Year built

1913

Stories

1

Garage spaces

0

Style

Bungalow

Heating

Floor Furnace

Pool

None

View

City Lights,Courtyard

Status

Active

Days on market

0

MLS #

249076536

About this property

Opportunity awaits in the heart of East Los Angeles! This mixed-use investment property features three commercial storefronts and one single-family home, with alley access. The 3 commercial storefronts facing Cesar Chavez and one single family home is located in the rear with alley access. Two storefronts are currently vacant, while the third is occupied by a hair salon (all located within one parcel. Ideal opportunity for investors. The property needs repairs and offers an opportunity to renovate and improve the existing buildings or explore redevelopment potential, including a possible multilevel residential project, subject to zoning, permits, and applicable approvals. Conveniently located near shopping, public transportation, and Metro, with easy access to the 710 and 60 freeways. Cal State LA, Downtown Los Angeles, and the many dining, entertainment, and cultural amenities of the surrounding area are within easy reach. Bring your vision and explore the possibilities! Buyer to independently verify permitted uses, zoning, and development potential. Two adjacent properties sold together. 3536 & 3540 E. Cesar Chavez Ave LA 90063. Combined asking price $ 1,350,000. Seller requires both properties be purchased together, seperate MLS listings.

Location

3540 E Cesar Chavez

Los Angeles, Los Angeles, CA, 90063