Property Details
Listing Status
Active
Bedrooms
3
Full Baths
1
Source ID
24368707
Living Area
6156
sqft
County
Los Angeles
Find Me Online
https://luxre.com/r/GF1x
Description
An excellent chance awaits to invest in an 8-unit property comprising 2 storefronts and 6 apartments, each offering consistent cash flow and promising growth prospects. Additionally, the property features 5 parking spots - 4 uncovered and 1 covered. Situated close to White Memorial Hospital, USC Health Services, Dodger Stadium, and Chinatown, this property benefits from steady drive-by traffic for its storefront units. Seize this opportunity for immediate cash flow, as it's expected to be snapped up quickly. Monthly Pro Forma Rent $15,000, with a 8.2% Pro Forma Cap rate.
Features
Appliances
Disposal.
General Features
Heat.
Interior Features
Carbon Monoxide Detector, Smoke Alarm.
Flooring
Laminate.
Additional Resources
Corporate Website
Home - Equity Union
LRE® Property Website
1611 E Cesar E Chavez Ave
