3935 E Cesar E Chavez Avenue, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath
ACTIVE$738,000
3935 E Cesar E Chavez Avenue, Los Angeles, California 90063
0Bed
0Bath
1,645Sqft
3,272Lot
Year Built
1930
Close
-
List price
$738K
Original List price
$739K
Price/Sqft
$449
HOA
-
Days on market
-
Sold On
-
MLS number
GD25141045
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $738.0K(50th), sqft - 1645(50th), beds - undefined(50th), baths - undefined(50th).
Great Rental Income Opportunity – Mixed-Use Commercial Property This versatile mixed-use property offers strong rental income potential. Originally a duplex, it is now being utilized as a fourplex: Upstairs: Renovated 3-bedroom, 1-bath apartment Downstairs: Commercial space currently divided into two units: A well-established hair salon A 1-bedroom, 1-bath residential unit (in need of repairs) Basement: Includes a small guest room with its own private entrance Property to be sold as-is. Buyer to independently verify all permits, square footage, unit count, and bathroom details.
Price History
Date
Event
Price
12/01/25
Price Change
$738,000-0.1%
06/23/25
Listing
$739,000
10/23/18
Sold
$560,000
Condition Rating
Poor
Built in 1930, this property shows a significant disparity in condition across its units. While the upstairs apartment features a renovated kitchen with modern white cabinets, granite countertops, and updated flooring, and bedrooms with laminate flooring, other parts of the property are in poor condition. The description explicitly states one residential unit is 'in need of repairs,' and images of what appears to be this unit (e.g., the bathroom with dated mosaic tiles and exposed bulb, and the living area with popcorn ceiling and older tile) confirm this. The property is sold 'as-is,' and the overall aging infrastructure, combined with the need for substantial repairs in at least one unit, prevents it from scoring higher. Major components in some areas require repair or extensive renovation.
Pros & Cons
Pros
Diverse Income Streams: This mixed-use property combines residential and commercial units, offering diversified rental income potential from multiple sources.
High Rental Capacity: Currently utilized as a fourplex, including an upstairs apartment, a commercial salon, a downstairs apartment, and a basement guest room, maximizing potential rental revenue.
Renovated Residential Unit: The upstairs 3-bedroom, 1-bath apartment has been renovated, enhancing its appeal and potential rental value.
Established Commercial Tenant: The presence of a 'well-established hair salon' provides a stable and reliable commercial income source.
Flexible Basement Space: Includes a small guest room with its own private entrance in the basement, offering additional income potential or versatile use.
Cons
Unpermitted Unit Conversions & Verification Burden: The property's current 'fourplex' utilization from an 'original duplex' status, combined with the 'as-is' sale and explicit buyer verification requirement for permits and unit count, presents significant legal and financial risks.
Immediate Repair Needs: One of the residential units is explicitly stated to be 'in need of repairs,' indicating immediate capital expenditure required to make it rentable and habitable.
Aging Infrastructure: Built in 1930, the property likely has older systems and components that could lead to higher maintenance costs and necessitate future upgrades.