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4537 E Cesar E Chavez Ave, Los Angeles, CA, 90022

$1,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
8 Baths
5,656 SqFt
$265/SqFt
House
Schools Nearby

Location

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4537 E Cesar E Chavez Ave, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1923
FireplaceNone
ViewNone
MLS #24382455
Lot Size0.13 Acres
StatusActive

About 4537 E Cesar E Chavez Ave

Welcome to East Los Angeles, a warm and vibrant community rich with cultural history and deep roots. The subject property is a well known local gem situated along one of the most well known blocks east of the 710 Freeway. It sits directly across from the famous La Azteca Tortilleria and adjacent to the historic El Gallo Plaza and the landmark Our Lady of Soledad Catholic Church. Also nearby are Cities Nightclub and El Gallo Restaurant and Bakery. The offering includes two structures: The front structure features 2 ground floor retail storefronts and a large 2nd floor apartment with patio. In the rear is a separate quadruplex with all 1Br+1Ba apts. Given that this is unincorporated Los Angeles, the 5 units are not subject to City of LA Rent Control, only County of LA. All in all, this is an incredible opportunity to purchase an iconic piece of East LA history. This property is priced to sell! Listed at 12.8 GRM on current rents, a 5.5% CAP rate on realistic expenses, and plenty of room to grow on rents, this is an excellent opportunity for an investor who wants to own a cash flowing property in an irreplaceable area.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 5,656 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 783-7721
  • Listing Agent: Dana Coronado

Interior Features

Interior Information:

  • Appliances: Disposal
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.13 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
  • Brooklyn Avenue Elementary School, Public District Grades KG-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: On E. Cesar E. Chavez Ave just east of the 710 Freeway

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $265/SqFt

Tax Information:

  • Annual Amount: $1,910
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

4537 E Cesar E Chavez Ave vs Los Angeles

40 DAYS ON ROCKET

+7 Days

$1,500,000

+$504K More

$265/SqFt

-$371 Less

KEY TAKEAWAY

This property is $504K more than the Median Sold Price and $371/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24382455

Listing Office:

  • Office Name: Compass
  • Office Phone: (818) 783-7721
  • Listing Agent: Dana Coronado

IDX 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: 6/2/2024, 6:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,910$135,262
2020$1,855$133,876
2019$1,715$131,251
2018$1,679$128,678
2017$1,679$126,155

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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

school-card-donut-7107812
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.60 miles

  • Public Magnet Grades KG-6

school-card-donut-7107813
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.61 miles

  • Public Magnet Grades KG-5

school-card-donut-7107814
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 29.12 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-7107815
6
/10

  • Brooklyn Avenue Elementary School

  • 4620 E Cesar E Chavez Ave

  • 0.22 miles

  • Public District Grades KG-8

school-card-donut-7107816
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.92 miles

  • Public District Grades 6-8

High School

school-card-donut-7107817
5
/10

  • East Los Angeles Renaissance Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.44 miles

  • Public District Grades 9-12

school-card-donut-7107818
4
/10

  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.44 miles

  • Public District Grades 9-12

school-card-donut-7107819
5
/10

  • Social Justice Leadership Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.44 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,688. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4537 E Cesar E Chavez Ave

What is the listing price of this property?

The listing price of 4537 E Cesar E Chavez Ave property is $1,500,000.

What type of property is this?

The property 4537 E Cesar E Chavez Ave is a house located in Los Angeles, California, 90022.

Is this property for sale now?

Active Listing: 4537 E Cesar E Chavez Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4537 E Cesar E Chavez Ave are:
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Brooklyn Avenue Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School: GreatSchools Rating 5/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 4/10
Social Justice Leadership Academy at Esteban E. Torres High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,910 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4537 E Cesar E Chavez Ave has 7 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 4537 E Cesar E Chavez Ave is 5,656 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4537 E Cesar E Chavez Ave is 1923.

Rocket Homes›California›Los Angeles County›Los Angeles›90022›4537 E Cesar E Chavez Ave

This home is located at 4537 E Cesar E Chavez Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. This 5,656 square foot home, which was built in 1923, sits on a 0.13 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,500,000.

Los Angeles, CA housing market in May 2024 saw over 766 listings sold above listed price, more than 198 sold at listed price and over 625 sold below. In May 2024 in Los Angeles, CA there were 15.4% more homes for sale than in April 2024. In May 2024 median list price was $995,939 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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