$1,475,000
$2,400,000
38.5%For more information regarding the value of a property, please contact us for a free consultation.
3949 E Cesar E Chavez AVE Los Angeles, CA 90063
0.41 Acres Lot
Key Details
Sold Price $1,475,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23292377
Sold Date 05/20/24
HOA Y/N No
Year Built 1926
Lot Size 0.405 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCC3*
Interior
Fireplace No
Exterior
Total Parking Spaces 20
Building
Story 2
Others
Tax ID 5233006034
Special Listing Condition Standard
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Bought with Subscriber Non • Non-Participant Office