6 months on rocket

3935 E Cesar E Chavez Ave, Los Angeles, CA, 90063

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
Multi

Location

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3935 E Cesar E Chavez Ave, Los Angeles$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1930
MLS #GD24098975
Lot Size0.08 Acres
StatusActive

About 3935 E Cesar E Chavez Ave

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

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.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3935 E Cesar E Chavez Ave vs Los Angeles

192 DAYS ON ROCKET

+154 Days

$825,000

-$198.4K Less

KEY TAKEAWAY

This property is $198.4K 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

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: 11/23/2024, 11:55:53 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

Oct 23, 2018Home Sold
$560,000
Oct 08, 1992Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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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.

Nearby Schools

school-card-donut-1028370
4
/10

  • William R. Anton Elementary

  • 831 N Bonnie Beach Pl

  • 0.38 miles

  • Public District Grades KG-6

school-card-donut-1028371
3
/10

  • Belvedere Elementary School

  • 3724 E 1st St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-1028372
6
/10

  • Marianna Avenue Elementary School

  • 4215 Gleason St

  • 0.53 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,308. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3935 E Cesar E Chavez Ave

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.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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