Listed By:
Mark Cianciulli with The CREM Group;
Address
3937 E Cesar E Chavez Avenue, Los Angeles, CA
Price
$ 1,400,000
Property Attributes
  • MLS#23292409
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaEast Los Angeles
  • Zip90063
  • Style
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4900
  • Lot Size12,049 SqFt
Data Source:
California Regional MLS (CRMLS)
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.

Price History
7/20/2023 Listed $1,250,000

General Features

Zoning LCC3*
HOA 0.0
Year Built 1973
County Los Angeles
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status ActiveUnderContract
Directions See Google maps
City Los Angeles
Disclosures TrustConservatorship
View Y/N No
Senior Community Y/N No
Total Units 1
MLS Area ELA - East Los Angeles
Lot Size Square Feet 12047.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Cesar E Chavez
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 99
Standard Status ActiveUnderContract
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Total Parking 6.0
Lot Size Area 12047.0
Number of Buildings 1
Spa No
Building Area Total 4900.0
Lot Size Acres 0.2766
Lot Size Units SquareFeet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90063

Price
AVG $1.36M
$1.4M
Visits
AVG 97
84
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1973
Walkscore
AVG 76
86
Data Provided by Walkscore® not using MLS data