Fantastic Investment Opportunity: Mix-Use Property with Strong Income Potential Welcome to this exceptional income property, perfectly suited for savvy investors seeking a lucrative opportunity. Currently configured as four units, this versatile mix-use property offers a range of income streams and potential for expansion. Property Highlights: Fully Renovated Upstairs Apartment: Enjoy modern living in the tastefully renovated 3-bed, 1-bath upstairs apartment, offering spacious accommodations and contemporary amenities. Established Hair Salon: A long-standing anchor tenant, the established hair salon provides steady rental income and adds value to the property. Owner-Occupied Unit: The property includes a comfortable 1-bed, 1-bath unit ideal for an owner-user or as additional rental income. Studio Apartment: A cozy studio apartment completes the current rental offerings, providing diversity in tenant options. Expansion Potential: With ample space on the lot, there's exciting potential to expand the property and add more units, maximizing the income potential. Don't miss out on this exceptional opportunity to own a lucrative income property with endless potential. Schedule a viewing today and unlock the possibilities! Buyer to verify SqFT & units
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 3
Listing Office:
Office Name: Las Casas Realty, Inc.
Office Phone: (626) 592-5341
Listing Agent: David De Anda
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.08 Acres
School Info
Assigned Schools Information:
East Los Angeles Renaissance Academy at Esteban E. Torres High School, Public District Grades 9-12
East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
Social Justice Leadership Academy at Esteban E. Torres High School, Public District Grades 9-12
Belvedere Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
William R. Anton Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Cesar Chavez & Gage Ave
Price Information
Listing Price Info
Price Summary:
List Price: $825,000
Tax Information:
Annual Amount: $8,419
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $187.4K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #GD24098975
Listing Office:
Office Name: Las Casas Realty, Inc.
Office Phone: (626) 592-5341
Listing Agent: David De Anda
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 23, 2018
Oct 23, 2018Home Sold
$560,000
Oct 08, 1992
Oct 08, 1992Home Sold
$145,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,419
$577,116
2020
$8,178
$571,200
2019
$4,164
$560,000
2018
$4,095
$213,291
2017
$4,095
$209,110
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
William R. Anton Elementary School
831 N Bonnie Beach Pl
Distance between this listing and this school0.40 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.87 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school23.42 miles
Public Magnet Grades KG-5
Middle School
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school0.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.43 miles
Public District Grades 6-8
High School
5
/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
4
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
5
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
Assigned Schools
4
/10
William R. Anton Elementary School
831 N Bonnie Beach Pl
Distance between this listing and this school0.40 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.87 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school23.42 miles
Public Magnet Grades KG-5
Assigned Schools
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school0.11 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school5.43 miles
Public District Grades 6-8
Nearby Schools
9
/10
Kipp Sol Academy
4545 Dozier Ave
Distance between this listing and this school0.77 miles
Public Charter Grades 5-8
Assigned Schools
5
/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
4
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
Public District Grades 9-12
5
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.33 miles
The neighbors living near this home have an average income of $22,308. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 3935 E Cesar E Chavez Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1930, sits on a 0.08 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $825,000.
In September 2024 more than 532 listings in Los Angeles, CA were sold above the asking price. During the same period more than 180 listings were sold at asking price, while more than 619 were sold below. The number of listings in Los Angeles, CA increased by 10.6% between August 2024 and September 2024. In September 2024 median list price was $1,012,476 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.