2401 Cesar E Chavez AveLos Angeles, CA 90033

Property Details for 2401 Cesar E Chavez Ave

Year built

1929

Construction

WOOD

Lot size

0.33 AC

Property size (Sq ft)

11,600 SF

Zone code

LAC1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

5177-034-034

APU

5177034034

Description

This exceptional retail opportunity is located at 2401 E Cesar E Chavez Ave in Los Angeles, CA 90033, within Los Angeles County. The property, built in 1929, offers a total of 7,593 square feet of retail space, with 3,500 square feet currently vacant and available for lease. Two individual spaces are available, each ranging from approximately 1,700 to 1,800 square feet. The property is classified as a multi-tenant storefront. Given its prime location, this property presents a unique chance for businesses seeking high visibility and foot traffic. Parking is available at a ratio of 0.79 spaces per 1,000 square feet. This vibrant area offers significant potential for growth and success. The property's historical character adds to its charm and appeal, making it an ideal location for a variety of retail businesses. Interested parties are encouraged to inquire for further details and leasing information. The property is situated in a bustling commercial district, ensuring high visibility and accessibility for potential customers. This is a rare opportunity to secure a well-positioned retail space in a thriving Los Angeles neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $4,249,034

  6.5%

  $3,922,186

  7%

  $3,642,030

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,419,077

  Geo Method

  $3,419,077

• Alternative Use

  Use

  Valuation

  Residential

  $3,922,186

  Hospitality

  $3,592,701

  Educational

  $2,989,085

  Medical

  $3,091,884

  Retail

  $4,649,688

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0469

Longitude

-118.207

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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