3231 1/2 E Cesar Chavez Avenue
Los Angeles — 2 units / 2,400 sf building
Listing Agent: Sandra Cota, ROA California Inc
Units
2
Building Size
2,496 sf
Lot Size
8,469 sf
Status
Active
Listing Agent: Miguel Valeriano Martine, Coldwell Banker Realty
Los Angeles
About This Property
Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
Unit Mix
Neighborhood
This property is located in Los Angeles. Want to learn more about the area?
Explore CommunitiesAsking Price
$945,000
An agent at The Ave. will respond, not the listing agent.
Listing Agent
Miguel Valeriano Martine
Coldwell Banker Realty
Same vibe