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Off market
  • $2,617,800

    4316-4344 E Cesar E Chavez Ave, Los Angeles, CA 90022

    18beds
    14baths
    10,334sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $2,617,800 Zestimate®
    $253/sqft
    $2,078 Estimated rent

    Owner options

    List your home for rent

    $2,078/mo

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    $2,078/mo

    Rent Zestimate®

    Refinance and save

    $16,362/mo

    Est. payment

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    $16,362/mo

    Est. payment

    What's special

    Year-One 10 GRM & 6.99% Cap Rate, Market 7.0 GRM & 10.99% Cap Rate! A 17 unit property consisting of 8 separate parcels, conveniently located in East Los Angeles. Built between 1922 and 1963, the buildings consist of 3 commercial spaces, 1 vacant lot, and 14 apartments that include a unit mix of (10) 1-bedroom units and (4) 2-bedroom units. The portfolio is being delivered with 6 vacancies and has the potential to yield a 7 GRM upon rehab and stabilization. This value-add property, neighboring Boyle Heights, attracts many who are seeking a quick and easy commute to Downtown LA. Investors have many opportunities to capitalize on this investment whether it is to generate high cash flow, assemble the additional parcels, or renovate and sell each parcel individually for an estimated future value of $3.75MM.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 14
    Cooling
    • Other
    Interior area
    • Total interior livable area: 10,334 sqft

    Property

    Parking
    • Total spaces: 13
    Lot
    • Size: 0.50 Acres
    Details
    • Additional structures: Other

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • PropertyType: Residential Income
    • Equipment: Other
    • Cooling: Other
    • Heating: Other
    • SourceLivingArea: Other
    • SourceLotSizeArea: Other
    • ParkingGarage: Other
    • ListingArea: East LA
    • ListingStatus: Active Under Contract
    • UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
    • OtherStructures: Other
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    Estimated market value
    $2,617,800