3935 E Cesar E Chavez Ave, Los Angeles, CA 90063
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3935 E Cesar E Chavez Ave Los Angeles, CA 90063

$999,000
  • 16 Beds
  • 0 Baths
  • 1,645 Sq.Ft.
For Sale
$999,000 Get Pre-Qualified

Map preview of 3935 E Cesar E Chavez Ave, Los Angeles, CA 90063

Property Overview: 3935 E Cesar E Chavez Ave Los Angeles, CA has 16 bedrooms, -- bathrooms, 1,645 living square feet and 3,272 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: Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights: Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units

Listed by David De Anda | BRE #01912935 | Las Casas Realty, Inc.
Last checked: 8 minutes ago | Last updated: May 26th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
3,272
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
GD24098975
City
Los Angeles
County
Los Angeles
Time on Site
16 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,250
  • Total Rent: $5,250
  • Pro Forma/Market Rent: $7,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $250
  • Gas/Fuel: $0
  • Trash: $135
  • Insurance: $0
  • Water/Sewer: $200

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Property Details for 3935 E Cesar E Chavez Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5233006025
  • Year Built Source: Assessor
  • Entry Level: 3
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cesar Chavez & Gage Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 3935 E Cesar E Chavez Ave

View property's historical transactions
  • May, 2024

  • May 15, 2024

    Date

    Active

    CRMLS: GD24098975

    $999,000

    Price

Tax History for 3935 E Cesar E Chavez Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

3935 E Cesar E Chavez Ave is listed 20.02% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $607.29 per/sqft which puts the price per square foot 21.54% lower than the median price per square foot for the city of Los Angeles.

About 3935 E Cesar E Chavez Ave

Detailed summary of property

3935 E Cesar E Chavez Ave is a fourplex located in Los Angeles, CA 90063 and is currently for sale. This fourplex offers 16 bedrooms, -- bathrooms, roughly 1,645 living square feet, and sits on an approximately 3,272 square foot lot. 3935 E Cesar E Chavez Ave was first listed on ArdentRealEstateGroup.com on May 16, 2024. The homeowner is currently asking $999,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.02% lower than the median priced home. Local competing homes currently for sale include 923 N Alma Ave, 3680 E 5th St and 3538 City Terrace Dr. While the average home in Los Angeles, CA is selling in 95 days, 3935 E Cesar E Chavez Ave has a days on market of 16 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 3935 E Cesar E Chavez Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3935 E Cesar E Chavez Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$633
Median Sold Price
$585,000
Median Sold Price/Sq.Ft.
$614
Total Inventory
34
Median Sale to List Price %
90%
Avg Days on Market
24
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (30%), Other (10%)

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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.