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4539 E Cesar E Chavez Ave, Los Angeles, CA 90022
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4539 E Cesar E Chavez Ave Los Angeles, CA 90022

$1,175,000 Sold Price as of 11/03/2020
  • 7 Beds
  • 6 Baths
  • 5,656 Sq.Ft.
Sold
$1,175,000 Sold Price as of 11/03/2020 Refinance Your Mortgage
Map preview of 4539 E Cesar E Chavez Ave, Los Angeles, CA 90022

Property Overview: 4539 E Cesar E Chavez Ave Los Angeles, CA has 7 bedrooms, 6 bathrooms, 5,656 living square feet and 5,538 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Once in a lifetime opportunity to acquire 4539 Cesar E. Chavez, an seven-unit multifamily apartment-retail building located in the supply constrained 90022 zip code of Los Angeles, CA. and CENTRALLY LOCATED BY ALL MAJOR FWY: 5, 101, 10, 110, 710, 60. Outstanding investment with 7 Units located in the heart of East Los Angeles, close to the 710 freeway. The property features 5,656 square feet of gross rentable area and is situated on a 5538-square foot lot. The property is composed of One (1) 3bd, 2ba apartment and Two(2) retail stores in the front unit, and Four (4) one bedroom apartments in the rear unit. The front unit provides an excellent opportunity for an investor looking for a owner-user opportunity. Conveniently Located off the 710 Freeway, and a Short Commute to Downtown Los Angeles. This prime location in East Los Angeles, and located in unincorporated area of Los Angels County and is not part of the (RSO) rent stabilization ordinance. This neighborhood offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Downtown Los Angeles, Commerce, Pasadena and Glendale. Given the property’s prime location,it is well suited to provide investors with healthy returns and long-term appreciation. Buyer to Verify All Aspects of the Property.

Listed by Melissa Gomez | BRE #01237349 | American Beachside Brokers
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
5,538
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20171321
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $16,200
  • Pro Forma/Market Rent: $18,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $910
  • Total Rent: $10,920
  • Pro Forma/Market Rent: $16,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $14,400
  • Pro Forma/Market Rent: $16,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $10,800
  • Pro Forma/Market Rent: $16,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,447
  • Total Rent: $17,364
  • Pro Forma/Market Rent: $24,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $12,600
  • Pro Forma/Market Rent: $18,000
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $13,200
  • Pro Forma/Market Rent: $18,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,484
  • Net Operating Income: $90,984
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,100
  • Electric: $1,200
  • Gas/Fuel: $0
  • New Taxes: $15,625
  • Trash: $1,200
  • Insurance: $1,500
  • Professional Management: $0
  • Water/Sewer: $1,200

Property Details for 4539 E Cesar E Chavez Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Hookup
Room Information
  • Flooring: Tile, Vinyl, Wood
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Water Heater
Interior Features
  • Levels: Two
  • Window Features: Skylight(s)
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asphalt
  • TV Antenna
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Below
  • Total # of Units: 7
  • Parcel Number: 5235004024
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Brick/Mortar
  • Property is Attached
  • Property Condition: Repairs Cosmetic, Repairs Major
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Other Subdivision Name: East Los Angeles
  • Directions: North of the 710
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 4539 E Cesar E Chavez Ave

Last sold for $1,175,000 on November 3rd, 2020

  • November, 2020

  • Nov 5, 2020

    Date

    Sold

    CRMLS: PW20171321

    $1,175,000

    Price

  • Oct 26, 2020

    Date

    Pending

    CRMLS: PW20171321

    $1,250,000

    Price

  • Sep 12, 2020

    Date

    Active Under Contract

    CRMLS: PW20171321

    $1,250,000

    Price

  • Aug 24, 2020

    Date

    Active

    CRMLS: PW20171321

    $1,250,000

    Price

  • Aug 21, 2020

    Date

    Coming Soon

    CRMLS: PW20171321

    $1,250,000

    Price

  • November, 2020

  • Nov 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,150,000

    Price

  • June, 2018

  • Jun 14, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4539 E Cesar E Chavez Ave

Assessed Value (2020): $83,335
Year Land Value Improved Value Assessed Value
2020 $28,443 $54,892 $83,335

Home Value Compared to the Market

This property vs the competition

4539 E Cesar E Chavez Ave sold on November 3, 2020 for 5.04% 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 $221 per/sqft which puts the price per square foot 70.73% lower than the current median sale per square foot for the city of Los Angeles.

About 4539 E Cesar E Chavez Ave

Detailed summary of property

4539 E Cesar E Chavez Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 5,656 living square feet, and sits on an approximately 5,538 square foot lot. 4539 E Cesar E Chavez Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,175,000. 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 5.04% higher than the current median priced home. Local homes that are currently for sale include 1050 S Bonnie Beach Pl, 3538 City Terrace Dr and 3680 E 5th St. While the average home in Los Angeles, CA is selling in 94 days, 4539 E Cesar E Chavez Ave has a days on market of 18 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4539 E Cesar E Chavez Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4539 E Cesar E Chavez Ave

Public county record property details
Beds
4
Baths
4
Year built
1935
Sq. Ft.
5,656
Lot Size
5,538
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
106
APN
5235-004-024

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$634
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
19
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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