2500 E Cesar E Chavez Ave, Los Angeles, CA 90033
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2500 E Cesar E Chavez Ave Los Angeles, CA 90033

$4,500,000
  • -- Beds
  • -- Baths
  • 12,133 Sq.Ft.
For Sale
$4,500,000 Get Pre-Qualified

Map preview of 2500 E Cesar E Chavez Ave, Los Angeles, CA 90033

Property Overview: 2500 E Cesar E Chavez Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 12,133 living square feet and 17,003 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Masters Realty Eastern Group is excited to bring a truly unique assemblage of properties to the market for sale in the prestigious Los Angeles Boyle Heights. The offering includes a collection of brick- and-mortar unit, structures totaling 12,133 square feet, situated on approximately 17,003 square feet of land. The properties are located on a highly visible street of Cesar Chavez, Across the street a large development unit that was recently completed. Great Developer/Investor Opportunity! - Street Frontage entire front block of commercial property in prime location - 12,133 sqft building, 17,003 sqft land - Great opportunity zoning area with tax benefits - Near Metro station - Supported by the community - Multi-unit with month-to-month leases - located at the heart of Los Angeles I-5, I-10, 101, and 60 freeways providing access - Highly Visible Location This is an excellent investment opportunity for anyone looking to get into the commercial real estate market and development. The property is located in a prime location with great visibility and access to transportation. The zoning was recently changed to opportunity zoning to support the community and help developers revitalize the area. The tax benefits are great and allow for a variety of uses, so you can easily adapt the property to meet your needs.

Listed by Min Kim | BRE #01715522 | Masters Realty Eastern Group
Last checked: 5 seconds ago | Last updated: March 3rd, 2024 | Source CRMLS | DOM: 250
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Home details

Lot Sq. Ft
17,003
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
TR23159955
City
Los Angeles
County
Los Angeles
Time on Site
266 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 14
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2500 E Cesar E Chavez Ave

Interior Features
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Flag Lot, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5180008024
  • Year Built Source: Appraiser
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: MATHEWS AND CESAR E CHAVEZ AVE.
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Sale History for 2500 E Cesar E Chavez Ave

Last sold on March 29th, 2002
  • August, 2023

  • Aug 25, 2023

    Date

    Active

    CRMLS: TR23159955

    $4,500,000

    Price

  • March, 2002

  • Mar 29, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1979

  • Aug 22, 1979

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2500 E Cesar E Chavez Ave

Assessed Value (2020): $349,814
Year Land Value Improved Value Assessed Value
2020 $93,175 $256,639 $349,814

Home Value Compared to the Market

This property vs the competition

2500 E Cesar E Chavez Ave is listed 260% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $370.89 per/sqft which puts the price per square foot 52.27% lower than the median price per square foot for the city of Los Angeles.

About 2500 E Cesar E Chavez Ave

Detailed summary of property

2500 E Cesar E Chavez Ave is a mixed use located in Los Angeles, CA 90033 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 12,133 living square feet, and sits on an approximately 17,003 square foot lot. 2500 E Cesar E Chavez Ave was first listed on ArdentRealEstateGroup.com on August 27, 2023. The homeowner is currently asking $4,300,000-$4,500,000 and was originally asking $4,500,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 260% higher than the median priced home. Local competing homes currently for sale include 646 N Larchmont Blvd, 11934 Willowbrook Ave and 10705 S Figueroa St. While the average home in Los Angeles, CA is selling in 92 days, 2500 E Cesar E Chavez Ave has a days on market of 250 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2500 E Cesar E Chavez Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2500 E Cesar E Chavez Ave

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
5,941
Lot Size
7,650
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,20,22
APN
5180-008-024

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.