$322.77 Per Sq Foot

3635 E Cesar E. Chavez Avenue

East Los Angeles CA, 90063

Description

A rare opportunity to own a mixed use residential/commercialproperty with four separate structures; great cash flowpotential in a high rental demand area of East LA. Thestorefront includes a storage room with bathroom, smallkitchenette and private entrance. Behind the storefront arethree separate units; one two-bedroom one bath house andtwo one-bedroom units with one bathroom. Each dwelling hasits own laundry area & electrical meter. There is a one car attached garage with a 1/2 bathroom which has not been included in total bathrooms. It is being used as storage, it has other rental potential. All dwellingshave been remodeled and very well maintained with ampleparking. This property is a great fit for the business owner seeking to utilize the store in the front & reside in the same property with two rental incomes OR an investor who wishes to rent all four units and get a great return on his investment. This property is only 10minutes from Downtown LA; Union Station and nearby to EastLA College, Esteban Torres High School, Belvedere MiddleSchool and two elementary schools. Walking distance toshopping and grocery stores, pharmacy and public transit. Thisproperty wont last!

Details

MLS#TR21084483
Listing TypeFor Sale
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1946
Days On Site17

Features

SQ Feet2,494
Units4
Building(s)4
ZoningMixed Use
Acreage0.15
Loading Form
Loading Form
Area Information
StateCA
CountyLos Angeles
CityEast Los Angeles
Zip Code90063
AreaELA - East Los Angeles
Listing VS Median (in 90063)
Price:
$805,000
low | high
Med:
$650,000
69.254658385093% of Average
SqFt:
2,494
low | high
Med:
1,629
84.683239775461% of Average
$ / SqFt:
$323
low | high
Med:
$410
22.913361294488% of Average
On Site:
17
low | high
Med:
72.5
23.448275862069% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 7:14:59 AM PDT
Michael Valentine LogoMLS Number: TR21084483
Listing Provided By:
Michael Valentine  of  Michael Valentine Associates
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.