4537 East Cesar E Chavez Avenue
4537 East Cesar E Chavez Avenue
$1,500,000
7
8
5,656
5,656
$265
Description
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 Freeway. 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 Catholic Church. Also nearby are Cities Nightclub and El Gallo Restaurant and Bakery. The offering includes two structures: The front structure...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 Freeway. 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 Catholic 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 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. This property is priced to sell! Listed at 12.8 GRM on current rents, a 5.5% CAP rate on realistic expenses, 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.
- Listed by Dana Coronado • DRE #01746702 • Brokerage DRE #01342342 • Equity Union
Property Details for 4537 East Cesar E Chavez Avenue
Water Front
None
ZoningLCC3*
Parcel Number5235004025
Total Units7.0
Living Area5656
Source Living AreaAssessor
AreaEast LA
Vacancy Rate0
Location
LISTING UPDATED: 05/14/2024 02:22 PM
Property Details for 4537 East Cesar E Chavez Avenue
Status | Active |
---|---|
MLS # | 24-382455 |
Days on Market | 30 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.13 AC / 5,538 SF |
County | Los Angeles County |
Location
Building Information for 4537 East Cesar E Chavez Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,538 SF
Payment Calculator
$8,354 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4537 East Cesar E Chavez Avenue
Property History for 4537 East Cesar E Chavez Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4537 East Cesar E Chavez Avenue
Taxable ValueLand$140,726Additions-Total$140,726
Tax Record2023$2,019 ($168 / month)
Home Facts
Beds0Lot Size5,310 SqFtStyleResidentialZoningLCC3*CountyLOS ANGELESAPN5235-004-025
Schools near 4537 East Cesar E Chavez Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 4 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
KIPP Iluminar Academy CharterK to 4 | ||
Animo Ellen Ochoa Charter Middle 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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