1611-1615 E Cesar E Chavez Ave 8 Unit Apartment Building $1,378,985 ($172,373/Unit) 7% Cap Rate Los Angeles, CA 90033

NEW $100,000 PRICE REDUCTION - MOTIVATED SELLER - SUBMIT ALL OFFERS. Outstanding mix-use income property (8) units (6) apartments and (2) retail, with a potential income, one apartment and one of the retail stores are vacant for the new owner to start new rental tenants. LOCATION, LOCATION, LOCATION!! This outstanding mixed-use income property is ideally located with convenient access to the 5, 10, 60, & 101 Freeways, offering unmatched connectivity and visibility. A prime investment opportunity, this (8)unit property features a strategic blend of commercial and residential spaces, making it perfect for generating diverse rental income. The property pictures (8) units Total. This property features two commercial units located on the ground floor at the front, offering high visibility potential for retail stores or office use. As the rental income is listed at the upper level, a house in the back features a car garage and a laundry room. Further enhancing rental income opportunities. This property also offers parking for each unit and a patio located on the back of the building, adjacent to the rear house, adding convenience and value. This property represents a rare investment opportunity in a highly desirable area. With a mix of commercial and residential units, as well as close proximity to freeway and minutes from downtown Los Angeles, this property offers long-term potential for stable income growth.