4537 E Cesar E Chavez Ave Los Angeles, CA 90022

Multi-Family (2-4 Units) MLS #: 24-382455 Courtesy Of Equity Union Real Estate

$1,500,000

7 beds | 5,656 sq ft
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Estimated monthly payments: $6,557/mo.* (recalculate)

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Wall Unit(s) A/C
  • Exterior Type: Brick, Stucco
  • Floor Covering: Concrete, Engineered Wood, Hardwood, Wood
  • Heating Fuel: Natural Gas
  • Lot Size: 0.12 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom

MAP & DIRECTIONS

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4537 E Cesar E Chavez Ave, Los Angeles, CA 90022
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School Information

4537 E Cesar E Chavez Ave, Los Angeles, CA 90022

Elementary School
Grades KG-8 | Public School
BROOKLYN AVENUE SCHOOL
Los Angeles, CA 90022
4620 Cesar Chavez Ave
323.­269.8161
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
496
Middle School
Grades KG-8 | Public School
BROOKLYN AVENUE SCHOOL
Los Angeles, CA 90022
4620 Cesar Chavez Ave
323.­269.8161
Distance: 0.1 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
496
High School
Grades 9-12 | Public School
JAMES A. GARFIELD SENIOR HIGH SCHOOL
Los Angeles, CA 90022
5101 E 6th St
323.­981.5500
Distance: 1.2 mi
School Rating
B
Student:Teacher Ratio
23:1
Total Students
2503
High School
Grades 9-12 | Public School
ESTEBAN TORRES HIGH SCHOOL - EAST LOS ANGELES RENAISSANCE ACADEMY
Los Angeles, CA 90063
4211 Dozier St
323.­265.6760
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
437
High School
Grades 9-12 | Public School
ESTEBAN TORRES HIGH SCHOOL - ENGINEERING & TECHNOLOGY ACADEMY
Los Angeles, CA 90063
4211 Dozier St
323.­265.6795
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
20:1
Total Students
363
High School
Grades 9-12 | Public School
ESTEBAN TORRES HIGH SCHOOL - SOCIAL JUSTICE LEADERSHIP ACADEMY
Los Angeles, CA 90063
4211 Dozier St
323.­265.6865
Distance: 0.4 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
252
High School
Grades 9-12 | Public School
ESTEBAN TORRES HIGH SCHOOL - HUMANITAS ACADEMY OF ART & TECHNOLOGY
Los Angeles, CA 90063
4211 Dozier St
323.­265.6830
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
415
High School
Grades 9-12 | Public School
HILDA L. SOLIS COLLEGE PREP HIGH SCHOOL
Los Angeles, CA 90022
319 N Humphreys Ave
323.­729.1700
Distance: 0.3 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
248
Other Nearby Schools Distance Type Grades School Rating
Alfonso B. Perez Special Education Center 0.2 mi Public 6-12
Animo Ellen Ochoa Charter Middle School 0.2 mi Public 6-8
Ednovate - Esperanza College Preparatory 0.3 mi Public 9-12 A
Kipp Iluminar Academy 0.4 mi Public KG-4 D
Kipp Sol Academy 0.4 mi Public 5-8 C+
East Los Angeles Performing Arts Academy At Esteban E. Torres High School 0.4 mi Public 9-12 C
Morris K. Hamasaki Elementary 0.5 mi Public PK-6 B
Marianna Avenue Elementary School 0.5 mi Public KG-6 B-
Griffith Middle School 0.8 mi Public 6-8 C
Belvedere Middle School 0.8 mi Public 6-8 C+
Humphreys Avenue School 0.8 mi Public KG-5 B
William R. Anton Elementary 0.9 mi Public KG-6 C
Robert Hill Lane Elementary School 0.9 mi Public KG-6 B-
Arts In Action Community Charter 0.9 mi Public KG-5 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90022

Median Age: 33.2
Married: 45%
Number of Households: 16,814
Households with Children: 45.7%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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