3935 East Cesar E Chavez Avenue

Los Angeles, CA 90063

$999,000
Price
4
Beds
1,645 Sq. Ft.
$607 / Sq. Ft.
1,645
Sq. Ft.
$607
per Sq. Ft.

Description

Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential
Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights:
Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary
...Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential
Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights:
Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units
  1. Listed by David De Anda • DRE #01912935 • Brokerage DRE #00804434 • Las Casas Realty, Inc. • 626-592-5341

Property Details for 3935 East Cesar E Chavez Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of Las Casas Realty, Inc., David De Anda, DRE #01912935
Add your commute
LISTING UPDATED: 05/25/2024 02:01 PM

Property Details for 3935 East Cesar E Chavez Avenue

StatusActive
MLS #GD24098975
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.08 AC / 3,272 SF
CountyLos Angeles County

Location

Listing Courtesy of Las Casas Realty, Inc., David De Anda, DRE #01912935
Add your commute

Building Information for 3935 East Cesar E Chavez Avenue

Stories3Residences-Year Built1930Building Size-Lot Size0.08 AC / 3,272 SF

Payment Calculator

$6,194 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$742

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3935 East Cesar E Chavez Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $63,000
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $250
  • Insurance Expense: $0
  • Trash Expense: $135
  • Water Sewer Expense: $200
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 62
  • CFD/Mello-Roos Fee: $1,767
  • Tax Lot: 20
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: Street level
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $5,250
  • Unit Type Total Rent: $5,250
  • Unit Type Pro Forma: 7000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 3935 East Cesar E Chavez Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3935 East Cesar E Chavez Avenue

Taxable ValueLand$389,207Additions$211,222Total$600,429
Tax Record2023$8,900 ($742 / month)
Home Facts
Total Finished SqFt1,645 SqFtAbove Grade Finished SqFt1,645 SqFtStories1Lot Size3,269 SqFtStyleOffice BuildingYear Built1930ZoningLCC3*CountyLOS ANGELESAPN5233-006-025

Schools near 3935 East Cesar E Chavez Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William R. Anton Elementary School
PublicK to 6

Alliance College-Ready Middle Academy 8
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3935 East Cesar E Chavez Avenue is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on May 15, 2024 by Las Casas Realty, Inc., it's currently listed at $999,000. It has been on the market for a total of 16 days and was last sold on August 28, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include William R. Anton Elementary School, Alliance College-Ready Middle Academy 8 and East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2. 3935 East Cesar E Chavez Avenue is a 4-bed, 0-bath, 1,645 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Las Casas Realty, Inc., David De Anda, DRE #01912935

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.