3937 E Cesar E Chavez Ave, Los Angeles, CA 90063
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3937 E Cesar E Chavez Ave Los Angeles, CA 90063

$1,600,000 Sold Price as of 03/19/2024
  • -- Beds
  • -- Baths
  • 4,900 Sq.Ft.
Sold
$1,600,000 Sold Price as of 03/19/2024 Refinance Your Mortgage

Map preview of 3937 E Cesar E Chavez Ave, Los Angeles, CA 90063

Property Overview: 3937 E Cesar E Chavez Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,900 living square feet and 12,047 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively market for sale two adjacent properties at 3937 & 3949 East Cesar E. Chavez Avenue, situated in the heart of East Los Angeles (can be sold individually or together). 3937 East Cesar E. Chavez Avenue consists of a 4,900 square foot, masonry block construction retail/warehouse building situated on 12,077 square feet of land. The building benefits from 16' clear height in the showroom area, one grade-level freight door and two walk-in doors. The current tenant occupies the property on a month-to-month basis. 3949 East Cesar E. Chavez Avenue consists of a two-story, 8-unit apartment building, a large, detached 3-bedroom/2-bathroom single family home, and a retail/warehouse building, combined totaling approximately 8,824 square feet of gross building area situated on 17,664 square feet of land. The neighborhood surrounding 3937 & 3949 East Cesar E. Chavez Avenue offers a vibrant and diverse community, with a mix of residential, commercial, and cultural establishments. The area is known for its rich history and cultural heritage, attracting residents and visitors alike. It is a hub of activity and growth, with ongoing revitalization efforts contributing to its upward trajectory. The properties are centrally located and easily reachable via the 10, 710, and 60 freeways. The area is densely populated, with nearly 300,000 people within a 3-mile radius and high traffic counts exceeding 22,000 vehicles per day. Mixed-Use Portfolio with Tremendous Rental Upside, situated on 0.68 Acres of Land. Properties can be purchased together or individually.

Listed by Mark Cianciulli | BRE #01990266 | The CREM Group
Last checked: 4 minutes ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 99

Home details

Lot Sq. Ft
12,047
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Other
Status
Sold
MLS#
23292409
City
Los Angeles
County
Los Angeles
Time on Site
295 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
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: --

Property Details for 3937 E Cesar E Chavez Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Property Information
  • Total # of Units: 1
  • Parcel Number: 5233006036
Location / Neighborhood
Location Information
  • Directions: See Google maps
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Sale History for 3937 E Cesar E Chavez Ave

Last sold for $1,600,000 on March 19th, 2024
  • March, 2024

  • Mar 19, 2024

    Date

    Sold

    CRMLS: 23292409

    $1,600,000

    Price

  • Jul 19, 2023

    Date

    Active

    CRMLS: 23292409

    $1,250,000

    Price

Tax History for 3937 E Cesar E Chavez Ave

Assessed Value (2020): $161,354
Year Land Value Improved Value Assessed Value
2020 $50,411 $110,943 $161,354

Home Value Compared to the Market

This property vs the competition

3937 E Cesar E Chavez Ave sold on March 19, 2024 for 17.65% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $285.71 per/sqft which puts the price per square foot 62.16% lower than the current median sale per square foot for the city of Los Angeles.

About 3937 E Cesar E Chavez Ave

Detailed summary of property

3937 E Cesar E Chavez Ave is a other that recently sold in Los Angeles, CA 90063. This property offered -- bedrooms, -- bathrooms, roughly 4,900 living square feet, and sits on an approximately 12,047 square foot lot. 3937 E Cesar E Chavez Ave was first listed on ArdentRealEstateGroup.com on July 20, 2023. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.65% higher than the current median priced home. Local homes that are currently for sale include 2922 Maple Ave, 1600 N Alvarado St and 3408 Trinity St. While the average home in Los Angeles, CA is selling in 93 days, 3937 E Cesar E Chavez Ave has a days on market of 99 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3937 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 3937 E Cesar E Chavez Ave

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
4,900
Lot Size
12,046
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
18-20
APN
5233-006-036

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
$640,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
29
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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.