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2228-2232 E Cesar E Chavez Ave
Los Angeles, CA 90033 Boyle Heights

$3,800,000 USD

Freestanding For Sale • 13,965 SF

Property Details

Property Type Freestanding
Total Building Size 13,965 SF
Lot Size 0.18 AC
Building Class C
Year Built 1927
Cap Rate 6.61 %
Tenancy Multiple
Zoning C2, Los Angeles

74 Transit Score

93 Walk Score

                
                    Highlights
                
                                For Sale or Lease - Investment | Owner/User | Value-Add Retail | 9,431 SF Vacating
                            
                                Current 6.61% Cap Rate
                            
                                Excellent Food Court Potential - Former Restaurant, Cocktail Lounge, Church, Roller Rink, Community Center,  Assembly License
                            
                                Creative Commercial Building with Ground Floor Retail Located in the Heart of Boyle Heights
                            
                                Convenient access to I-10, 101, I-5, and 710 Freeway
                            
                                Excellent Visibility on Cesear Chavez Ave with +/- 22,733 Cars per Day

Property Flyers

2228ECesarChavezAve_OM_v7

Financial Summary (Actual)

Net Operating Income: $246,507 USD (2024)

Cap Rate:	6.61 %
Total Expenses:	$89,307 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Utopia
Zms The Academy

Amenities

Bus Line

Public Transportation

Commuter Rail	Drive	Walk	Distance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	7 min	-	1.9 mi
	6 min	-	2.0 mi
Transit/Subway	Drive	Walk	Distance
Soto (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	5 min	0.3 mi
Mariachi Plaza (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	25 min	-	17.1 mi
Los Angeles International	30 min	-	18.3 mi
Long Beach (Daugherty Field)	31 min	-	21.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Tim Steuernol 310-406-9110 NAI Capital

2228-2232 E Cesar E Chavez Ave Los Angeles, CA 90033 Boyle Heights