An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 7.97% Pro Forma Cap rate.
House for sale, 1611 E Cesar E Chavez Ave, in Los Angeles, United States
1611 E Cesar E Chavez Ave, Los Angeles, CA 90033, USA, 1611 E Cesar E Chavez Ave
House with flats • 3 room(s) • 3 bed. • 571.91 m² • ref: 3yd-CLAWCA-24-368707
GBP 1,396,621
Spaces
Rooms3
Floors2
Bedrooms3
Parking lots (outside)6
Surfaces
Living571.91 m²
Land702.13 m²
Parking
1611 E Cesar E Chavez Ave, Los Angeles
TypeHouse
Construction year1922
Equity Union
IDCLAWCA
NameTheMLSCLAW
Number24-368707