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

$825,000
  • 16 Beds
  • 0 Baths
  • 1,645 Sq.Ft.
For Sale
$825,000 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: 10 minutes ago | Last updated: September 24th, 2024 | Source CRMLS | DOM: 133

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
135 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

Open Houses for 3935 E Cesar E Chavez Ave

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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

Local Los Angeles Agent

Sale History for 3935 E Cesar E Chavez Ave

Last leased for $3,000 on March 28th, 2024

  • May, 2024

  • May 15, 2024

    Date

    Active

    CRMLS: GD24098975

    $999,000

    Price

  • March, 2024

  • Mar 28, 2024

    Date

    Leased

    CRMLS: P1-15946

    $3,000

    Price

  • Dec 5, 2023

    Date

    Active

    CRMLS: P1-15946

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    Take a look at this nice upstairs unit in the growing East LA area! When you walk into this recently remodeled unit, you are welcomed by a spacious living room area that connects to two of the bedrooms, primary bathroom and the kitchen. The kitchen area comes with a nice kitchen island and window views of the hills. The primary bedroom to the left not only offers great lighting but a big closet. The second bedroom to the right has extra windows that allows for great lighting that could be utilized as an office space. In the third bedroom, you get views of the hills and San Gabriel Mountains. The primary bathroom has been nicely updated to include a closet and beautiful shower area. Sports natural lighting all throughout the unit with views of the surrounding neighborhood and nearby Downtown LA. Near Superior Grocers, El Super #4, Belvedere Middle School, Esteban E. Torres High School, CVS, and Eugene A. Obregon Park.

  • August, 2022

  • Aug 24, 2022

    Date

    Expired

    CRMLS: P1-8598

    $695,000

    Price

  • Mar 11, 2022

    Date

    Active

    CRMLS: P1-8598

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Hair Salon: Monthly Rent is $1350. Security deposit is $850.Unit Z & L: Monthly Rent is $1.060. NO SECURITY DEPOSIT.UNIT MR: Monthly Rent is $750. NO SECURITY DEPOSIT.UNIT RZ: Monthly Rent is $930. NO SECURITY DEPOSIT.TOTAL MONTHLY RENTAL INCOME IS: $930Rents have NOT been increased since the Pandemic. Buyer to verify square footage of the lot and structure and all MLS information. Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines or dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, city services or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources and not limited to. Buyer is advised to independently verify the accuracy of all information. Info deemed reliable but not guaranteed.

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: MB20181619

    $535,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: MB20181619

    $535,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A MIXED USE BUILDING WITH LOTS OF POTENTIAL, FEATURING A ESTABLISHED BEAUTY SALON FOR 4 YEARS OR A FUTURE BUSINESS OPPORTUNITY, 2 BEDROOM 1 BATH AND BONUS ROOM ON THE 2nd. FLOOR, IN ADDITION 2 UNPERMITTED UNITS OF ONE BEDROOM ONE BATH A A BONUS ROOM WITH BATH, IN A WELL COMMERCIAL AREA. SEVERAL SCHOOLS NEAR BY INCLUDING ELEMENTARY, MIDDLE, PRIVATE SCHOOLS AND A HIGH SCHOOL. WALKING DISTANCE TO A VARIETY OF RESTAURANTS, STORES, MEDICAL CLINICS, ETC. CLOSE TO FREEWAYS,DOWNTOWN L.A METRO. PROPERTY WILL BE SOLD AS IS NO REPAIRS WILL BE DONE ON THE PROPERTY.

  • July, 2020

  • Jul 29, 2020

    Date

    Expired

    CRMLS: MB20030752

    $535,000

    Price

  • Feb 25, 2020

    Date

    Price Change

    CRMLS: MB20030752

    $535,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: MB20030752

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A MIXED USE BUILDING WITH LOTS OF POTENCIAL, FEATURES UPSTAIRS AN APARTMENT 2 BEDROOMS 1 BATH WITH AN ADDITIONAL ROOM, DOWSTAIRS IS THE BEAUTY SALONFOR THE LAST 4 YEARS IN ADDITION 2 UNPERMITTED UNITS OF ONE BEDROOMAND ONE BATH, A BONUS ROOM WITH BATH. IN A WELL KNOWN COMMERCIAL AREA. SELLER IS CURRENTLY PAINTING, UPDATING WINDOWS, DOORS. IT HAS A TOTAL NICE NEW LOOK. CLOSE TO FWYS, DOWNTOWN L.A. AND METRO. PROPERTY IS BEING SOLD AS IS. SELLER IS VERY MOTIVATED.

  • July, 2020

  • Jul 29, 2020

    Date

    Expired

    CRMLS: MB20018755

    $535,000

    Price

  • Feb 25, 2020

    Date

    Price Change

    CRMLS: MB20018755

    $535,000

    Price

  • Jan 27, 2020

    Date

    Active

    CRMLS: MB20018755

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A MIXED USE BUILDING WITH LOTS OF POTENCIAL, FEATURES UPSTAIRS APARTMENT 2 BEDROOMS 1 BATH WITH AN ADDITONAL ROOM DOWNSTAIRS, BEAUTY SALON FOR THE LAST 4 YEARS IN ADDITION 2 UNPERMITTED UNITS OF 0NE BEDROOM, ONE BATH PLUS A BONUS ROOM WITH BATH ROOM IN A WELL KNOWN COMMERCIAL AREA. SELLER IS CURRENTLY PAINTING, UPDATING WINDOWS, DOORS. IT HAS A TOTAL NICE NEW LOOK. CLOSE TO FWYS, DOWNTOWN L.A. AND METRO. PROPERTY IS BEING SOLD AS IS. SELLER IS VERY MOTIVATED.

  • January, 2020

  • Jan 26, 2020

    Date

    Expired

    CRMLS: MB19179191

    $550,000

    Price

  • Dec 4, 2019

    Date

    Price Change

    CRMLS: MB19179191

    $550,000

    Price

  • Sep 19, 2019

    Date

    Price Change

    CRMLS: MB19179191

    $575,000

    Price

  • Jul 28, 2019

    Date

    Active

    CRMLS: MB19179191

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    Nice building, featuring a Beauty Salon or a future business opportunity in a well commercial area. It has two units and a bonus room. Several schools near by including elementary, middle, private schools and a High Schools. Walking distance to a variety of restaurants, stores, medical clinics. Close to freeways, Downtown L.A. and METRO. PROPERTY IS BEING SOLD AS IS, NO WORK OR REPAIRS WILL BE DONE TO THE PROPERTY.

  • October, 2018

  • Oct 24, 2018

    Date

    Sold

    CRMLS: DW18180937

    $560,000

    Price

  • Aug 24, 2018

    Date

    Pending

    CRMLS: DW18180937

    $599,000

    Price

  • Jul 26, 2018

    Date

    Active

    CRMLS: DW18180937

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION! NO RENT CONTROL! Features a beauty salon, or future business opportunity. It has two units and a bonus room. Walking distance to Anthony Quinn Library and all schools: Elementary, Middle, High School, and even a Private school. Close to freeways, restaurants, Downtown L.A., even the metro. NO RENT CONTROL!

  • October, 2018

  • Oct 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • April, 1998

  • Apr 3, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3935 E Cesar E Chavez Ave

Assessed Value (2020): $571,200
Year Land Value Improved Value Assessed Value
2020 $370,260 $200,940 $571,200

Home Value Compared to the Market

This property vs the competition

3935 E Cesar E Chavez Ave is listed 31.25% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $501.52 per/sqft which puts the price per square foot 34.95% 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 $825,000 and was originally asking $999,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 31.25% lower than the median priced home. Local competing homes currently for sale include 4173 Hubbard St, 4032 City Terrace Dr and 1014 Sentinel Ave. While the average home in Los Angeles, CA is selling in 106 days, 3935 E Cesar E Chavez Ave has a days on market of 133 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 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
1930
Sq. Ft.
1,645
Lot Size
3,268
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5233-006-025

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
$650,000
Median List Price/Sq.Ft.
$592
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
39
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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.

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