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Vinograd 2105-2107 E Cesar E Chavez Ave 27 Unit Apartment Building $3,850,000 ($142,593/Unit) 6.25% Cap Rate Los Angeles, CA 90033



INVESTMENT HIGHLIGHTS
- Historic Mixed-Use Building in the Heart of Boyle Heights
- A mix of studio, one-bedroom, and two-bedroom apartments, all retaining their vintage charm while o?ering updated ?nishes and urban appeal
- Surrounded by renowned eateries like Guisados Tacos and numerous locally owned shops and close to Mariachi Plaza, parks, schools, and public transit
- Thirty units, including 27 residential apartments and 3 commercial retail spaces
- 3 street-facing commercial spaces located on the highly tra?cked Cesar Chavez Avenue
- Current GRM is 9.2 with a cap rate of 6.3%
EXECUTIVE SUMMARY
Historic Mixed-Use Gem in Boyle Heights – The Vinograd
Welcome to The Vinograd, a reimagined 1920s hotel turned character-filled mixed-use building in the heart of Boyle Heights, just east of Downtown LA.
This 30-unit property includes 27 studios, 1- and 2-bedrooms and 3 street-facing commercial spaces with prime Cesar Chavez Avenue frontage.
Select residential units come fully furnished, offering a mix of classic charm and updated finishes. The commercial spaces are ideal for retail or creative office use, benefiting from high visibility, steady foot traffic, and built-in residential clientele.
Set in a culturally rich neighborhood near Mariachi Plaza, the Arts District, and local favorites like Guisados, The Vinograd offers strong connectivity via Metro E Line and nearby public transit. A rare blend of history, community, and opportunity.
*Do not disturb tenants -- they are unaware of sale. Owner/principal is a licensed RE broker in California. Contact owner directly with any questions (Will Tiao 323-363-1096. **Listing agent/broker do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein including but not limited to square footage, usage and zoning. Buyer to conduct their own investigations and due diligence.
Welcome to The Vinograd, a reimagined 1920s hotel turned character-filled mixed-use building in the heart of Boyle Heights, just east of Downtown LA.
This 30-unit property includes 27 studios, 1- and 2-bedrooms and 3 street-facing commercial spaces with prime Cesar Chavez Avenue frontage.
Select residential units come fully furnished, offering a mix of classic charm and updated finishes. The commercial spaces are ideal for retail or creative office use, benefiting from high visibility, steady foot traffic, and built-in residential clientele.
Set in a culturally rich neighborhood near Mariachi Plaza, the Arts District, and local favorites like Guisados, The Vinograd offers strong connectivity via Metro E Line and nearby public transit. A rare blend of history, community, and opportunity.
*Do not disturb tenants -- they are unaware of sale. Owner/principal is a licensed RE broker in California. Contact owner directly with any questions (Will Tiao 323-363-1096. **Listing agent/broker do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein including but not limited to square footage, usage and zoning. Buyer to conduct their own investigations and due diligence.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,850,000 | Property Subtype | Apartment |
| Price Per Unit | $142,593 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.25% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 9.2 | Building Size | 12,352 SF |
| No. Units | 27 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1927 |
| Zoning | C2 - Residential/Commerical | ||
| Price | $3,850,000 |
| Price Per Unit | $142,593 |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| Gross Rent Multiplier | 9.2 |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 12,352 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | C2 - Residential/Commerical |
AMENITIES
SITE AMENITIES
- Property Manager on Site
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 25 | $1,300 | - |
| 1+1 | 1 | $1,495 | - |
| 2+1 | 1 | $1,917 | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (74)
PROPERTY TAXES
| Parcel Number | 5175-014-003 | Total Assessment | $4,266,855 (2025) |
| Land Assessment | $853,369 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,413,486 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5175-014-003
Land Assessment
$853,369 (2025)
Improvements Assessment
$3,413,486 (2025)
Total Assessment
$4,266,855 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Vinograd | 2105-2107 E Cesar E Chavez Ave
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