Keller Williams Hollywood Hills - Josana Joseph
1/10
Listed By: Homesmart Realty Group, 562-440-0177, Ma De La Luz Zavala
Local Realty Services Provided By: Keller Williams Realty Los Feliz
Overview
What It'll Cost
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Similar Homes

$1,600,000
1611 Cesar Chavez, Los Angeles, CA 90033
1,922 sq ft
.14 ac
$1,600,000

1611 Cesar Chavez, Los Angeles, CA 90033

Estimation provided by Keller Williams Realty Inc.
1,922 sq ft
.14 ac
Active
For Sale

Property Description

LOCATION,LOCATION,LOCATION!! This outstanding mixed-use income property 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 residential spaces, making it perfect for generating diverse rental income. This Property Features 8 Units Total. This property offers 2 Commercial Units located on the ground floor at the front of the property, offering high visibility and potential for retail or office use. As well as 2 Residential Units located on the upper level, providing comfortable living spaces for tenants. And 4 Additional Residential Units situated at the rear of the property, further enhancing rental income opportunities. This property also offers 5 Parking Spaces On-site parking available for tenants, adding convenience and value.

This property is just minutes from White Memorial Hospital, schools, and retail centers, offering easy access to essential services and amenities.

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 to major freeways and local amenities, this property offers strong long-term potential for stable income growth.

Property Details

Compare This Home
Overview
Property Type
Mixed Use
Property Size
1,922 sq ft
Year Built
1952
Days on Site
73 Days
HVAC
Wall/Window Unit(s), Wall Furnace
Parking
1 Parking Space
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

VIEWS
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SAVES
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SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $1,600,000
Principal + Interest
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Price & Tax History

Date
Event
Price
01/11/2025
Listed
$1,600,000
(+153.97%)
05/06/2005
Sold
$630,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$10,829
(+4.64%)
$827,503
Land 302,101 + Additions 525,402
2022
$10,349
(+1.52%)
$795,371
Land 290,371 + Additions 505,000
2021
$10,194
(+2.95%)
$795,371
Land 290,371 + Additions 505,000
2019
$9,902
(+7,694.66%)
$787,216
Land 287,394 + Additions 499,822
2017
$127.03
$756,649
Land 270,819 + Additions 470,995
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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