Seller's Agent in 2024
Dana Coronado
Compass
(310) 562-9630
2 in this area
38 Total Sales
4537 E Cesar e Chavez Ave East Los Angeles, CA 90022
7
Beds
8
Baths
5,656
Sq Ft
5,538
Sq Ft Lot
Highlights
- Rooftop Deck
- Engineered Wood Flooring
- Balcony
- James A. Garfield Senior High School Rated A
- High Ceiling
- French Doors
About This Home
As of September 2024This property is priced to sell! Only $243/SF! Listed at 11.74 GRM on current rents, a 6.13% CAP rate, and plenty of room to grow on rents, this is an excellent opportunity for an investor who wants to own a cash flowing property in an irreplaceable area. Call for a full marketing package w/financials. Welcome to East Los Angeles, a warm and vibrant community rich with cultural history and deep roots. The subject property is a well known local gem situated along one of the most well known blocks east of the 710 Fwy. It sits directly across from the famous La Azteca Tortilleria and adjacent to the historic El Gallo Plaza and the landmark Our Lady of Soledad Church. Also nearby are Cities Nightclub and El Gallo Restaurant and Bakery. The offering includes two structures: The front structure features 2 ground floor retail storefronts and a large 2nd floor 3Br apartment with patio. In the rear is a separate quadruplex with all 1Br+1Ba apts. Given that this is unincorporated Los Angeles, the 5 units are not subject to City of LA Rent Control, only County of LA. All in all, this is an incredible opportunity to purchase an iconic piece of East LA history.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,051
Year Built
- Built in 1923
Lot Details
- 5,538 Sq Ft Lot
- South Facing Home
Home Design
- Brick Exterior Construction
- Stucco
Interior Spaces
- 5,656 Sq Ft Home
- 2-Story Property
- High Ceiling
- French Doors
- Disposal
Flooring
- Engineered Wood
- Concrete
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Bathrooms
- Low Flow Toliet
- Low Flow Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Rooftop Deck
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Listing and Financial Details
- Tenant pays for gas, electricity, trash collection
- The owner pays for water, gas
- Assessor Parcel Number 5235-004-025
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- Rent Control
- Vacancy Allowance $3,515
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 3, 2000
Sold by
Jimenez Virginia Ileana and Huerta Virginia Ileana
Bought by
Huerta Jesus Gabriel
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $1,360,000 | -1.1% | $240 / Sq Ft |
| 07/29/2024 07/29/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $1,375,000 | -5.2% | $243 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $1,450,000 | -3.3% | $256 / Sq Ft |
| 04/22/2024 04/22/24 | For Sale | $1,500,000 | -- | $265 / Sq Ft |
Source: The MLS
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 | $2,051 | $146,410 | $146,410 | -- |
| 2024 | $2,051 | $143,540 | $143,540 | -- |
| 2023 | $2,019 | $140,726 | $140,726 | $0 |
| 2022 | $1,927 | $137,967 | $137,967 | $0 |
| 2021 | $1,910 | $135,262 | $135,262 | $0 |
| 2019 | $1,855 | $131,251 | $131,251 | $0 |
| 2018 | $1,715 | $128,678 | $128,678 | $0 |
| 2016 | $1,648 | $123,682 | $123,682 | $0 |
| 2015 | $1,623 | $121,825 | $121,825 | $0 |
| 2014 | $1,622 | $119,439 | $119,439 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Dana Coronado
Map
Source: The MLS
MLS Number: 24-382455
APN: 5235-004-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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