3149 E Cesar e Chavez Ave Los Angeles, CA 90063
8
Beds
4
Baths
2,420
Sq Ft
6,709
Sq Ft Lot
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Level Lot
- Felicitas and Gonzalo Mendez High Rated A-
- Laundry Room
About This Home
As of November 2022You've hit the jackpot with this rare, highly sought-after, and amazingly valued investment opportunity that's simply too good to miss! What makes this multiplex unique is that, unlike other fixer-upper properties, you can start earning rental income from the very first day. Currently, all 4 units are occupied with tenants in good standing. This gives you the flexibility to make any needed upgrades according to your own schedule and also allows you to start earning an immediate return on your investment. This is an ideal situation for avid renovators on the hunt for their next flip or experienced developers looking to expand their real estate portfolio. Please note that the building will need work, but as a savvy buyer, you know that any time and effort you put into it now will pay you back many times over in the long run. Set in an advantageous Los Angeles location, it's a desirable 4-unit rental complex that offers your tenants easy access to nearby schools, shopping, restaurants, and commuter routes. Come grab this impressive investment property before it's too late! more pictures coming soon.
Last Agent to Sell the Property
Keller Williams Coastal Properties License #01738889 Listed on: 08/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,308
Year Built
- Built in 1960
Lot Details
- 6,709 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Quadruplex
Interior Spaces
- 2,420 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms | 4 Main Level Bedrooms
- 4 Full Bathrooms
Parking
- Parking Available
- Unpaved Parking
- Paved Parking
Additional Features
- Urban Location
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 22 / 1
- Tax Tract Number 2038
- Assessor Parcel Number 5178022023
- $493 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2022
Closed on
Sep 28, 2022
Sold by
Meneses Mauro
Bought by
Duran-Velez Ruben
Seller's Agent
Jessica Skinfield
Keller Williams Coastal Properties
Buyer's Agent
Adam Garcia
CENTURY 21 REALTY MASTERS
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$640,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $800,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $640,000 | New Conventional | |
| Previous Owner | $497,700 | New Conventional | |
| Previous Owner | $520,000 | Balloon | |
| Previous Owner | $70,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $1,099,999 | -8.3% | $455 / Sq Ft |
| 02/03/2025 02/03/25 | For Sale | $1,199,999 | +50.0% | $496 / Sq Ft |
| 11/23/2022 11/23/22 | Sold | $800,000 | -5.9% | $331 / Sq Ft |
| 08/07/2022 08/07/22 | Price Changed | $850,000 | +9.7% | $351 / Sq Ft |
| 08/04/2022 08/04/22 | For Sale | $775,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,308 | $832,320 | $520,200 | $312,120 |
| 2024 | $10,308 | $816,000 | $510,000 | $306,000 |
| 2023 | $10,114 | $800,000 | $500,000 | $300,000 |
| 2022 | $4,463 | $338,985 | $208,108 | $130,877 |
| 2021 | $4,399 | $332,339 | $204,028 | $128,311 |
| 2019 | $4,277 | $322,483 | $197,977 | $124,506 |
| 2018 | $4,152 | $316,161 | $194,096 | $122,065 |
| 2016 | $3,953 | $303,886 | $186,560 | $117,326 |
| 2015 | $3,899 | $299,322 | $183,758 | $115,564 |
| 2014 | $3,938 | $293,460 | $180,159 | $113,301 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Adam Garcia
CENTURY 21 REALTY MASTERS
(562) 244-8527
1 in this area
28 Total Sales
-
Seller's Agent in 2022
Jessica Skinfield
Keller Williams Coastal Properties
(818) 257-6017
1 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22170703
APN: 5178-022-023
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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