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1611 Cesar Chavez, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

1611 Cesar Chavez, Los Angeles, California 90033 home-pic-0
ACTIVE$1,378,985
1611 Cesar Chavez, Los Angeles, California 90033
0Bed
0Bath
6,156Sqft
7,557.17Lot
Year Built
1952
Close
-
List price
$1.38M
Original List price
$155K
Price/Sqft
$224
HOA
-
Days on market
-
Sold On
-
MLS number
DW25081077
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.38M(50th), sqft - 6156(50th), beds - undefined(50th), baths - undefined(50th).

HUGE PRICE REDUCTION, MOTIVATED SELLER, SEND US YOUR OFFER, ALL OFFERS WILL BE REVIEWED!! This outstanding mixed-useproperty is ideally located with convenient access to the 101,10 and 5 freeways, offering unmatched connectivity and visibility. A prime investment opportunity, This 8-unit property features a strategic blend of commercial and residecial spaces, making it prefect for generating diverse rental income. The property fictures 8 units Total.This property offers 2 commercial units located on the ground floor at the front of the property, offering high visibility potential for retail stores or office use. As the rental income locate at the upper label and a house in the back has a car garage and laundry room. further enhancing rental income opportunities, This property also offer parking for each unit and a patio on the back the building in front of the back house adding convenience and value. This property represents a rare investment opportunity in a highly desirable area. With a mix of commercial and residential units, as well as close proximity freeway and minutes from downtown Los Angeles, This property offers long-term potential for stable income growth.

Price History

Date
Event
Price
11/15/25
Price Change
$1,378,985-5.0%
10/02/25
Price Change
$1,452,000
04/12/25
Listing
$154,999
08/16/05
Sold
$630,000
Condition Rating
Fair
Built in 1952, this property is over 70 years old. While some residential units show recent cosmetic updates like fresh paint and laminate wood-look flooring, the kitchens and bathrooms are significantly outdated with basic, older cabinets, laminate/vinyl countertops, and older fixtures. Heating is provided by wall-mounted gas heaters, indicating an older system. The property appears maintained and functional for rental purposes but requires substantial updates to kitchens, bathrooms, and potentially major systems to meet modern standards and appeal.
Pros & Cons

Pros

Diverse Income Streams: This 8-unit mixed-use property features a strategic blend of 2 commercial and 6 residential spaces, offering diverse and stable rental income potential.
Strategic Location & Accessibility: Ideally located with convenient access to major freeways (101, 10, 5) and minutes from Downtown Los Angeles, providing high visibility for commercial units and excellent connectivity for residents.
Dedicated Parking & Amenities: The property offers parking for each unit, a significant advantage in Los Angeles, along with a car garage, laundry room, and a patio, enhancing tenant convenience and rental appeal.
High Visibility Commercial Units: Two ground-floor commercial units at the front of the property offer high visibility, ideal for retail or office use, contributing to strong commercial rental potential.
Long-Term Investment Potential: Described as a 'prime' and 'rare' investment opportunity in a highly desirable area, offering long-term potential for stable income growth.

Cons

Motivated Seller & Price Reductions: The 'HUGE PRICE REDUCTION' and 'MOTIVATED SELLER' status, coupled with recent price drops, suggest the property may have been initially overpriced or is facing market resistance, potentially indicating a need for further price adjustment.
Age of Property & Potential for Deferred Maintenance: Built in 1952, the property is over 70 years old. Without explicit mention of recent major renovations or system upgrades, there's a higher likelihood of deferred maintenance or outdated infrastructure requiring future capital expenditure.
Limited Unit-Specific Information: The description lacks crucial details regarding the current condition, occupancy rates, lease terms, and individual unit layouts/sizes for the 8 units, making a comprehensive financial assessment challenging for potential investors.

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