Apartment Building with Street-Facing
For Sale
$3,500,000
2107 Cesar E Chavez Ave, Los Angeles, CA 90033
Residential Income, Los Angeles, CA
Property Size12,352 SF
Lot Size0.17 Acres
Price / SF$283.35
Days on Market50
Property Features for 2107 Cesar E Chavez Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAC2
Bedrooms
30
Bathrooms
30
Full bathrooms
5
Rooms
Bedroom 3, Bathroom 26, Bathroom 30, Bedroom 28, Bathroom 6, Bathroom 13, Bedroom 23, Bedroom 6, Bedroom 13, Bedroom 26, Bedroom 2, Bedroom 27, Bedroom 14, Bedroom 7, Bathroom 20, Bathroom 18, Bathroom 7, Bathroom 16, Bedroom 15, Bathroom 2, Bathroom 19, Bathroom 9, Bedroom 24, Bathroom 4, Bathroom 3, Bedroom 18, Bathroom 10, Bathroom 23, Bedroom 9, Bathroom 28, Bedroom 11, Bathroom 8, Bedroom 17, Bathroom 21, Bedroom 4, Bathroom 14, Bedroom 19, Bedroom 10, Bedroom 8, Bedroom 16, Bathroom 22, Bedroom 29, Bathroom 29, Bedroom 30, Bedroom 22, Bathroom 1, Bathroom 5, Bathroom 17, Bathroom 24, Bathroom 25, Bedroom 1, Bedroom 5, Bedroom 21, Bathroom 11, Bathroom 12, Bathroom 27, Bedroom 25, Bathroom 15, Bedroom 20, Bedroom 12
Interior features
High Ceilings (9 Feet+)
Appliances
Cooktop - Electric
Lot features
Fenced
View
City
Directions
10 freeway, exit Cesar Chavez Ave, go SE to property. Between St Louis and Chicago St.
Subdivision
Boyle Heights
Standard status
Active
APN
5175-014-003
Size
12,352 SF
Lot size
0.17 Acres
Utilities
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1927
Floors in Building
2
Number of units
30
Flooring type
Hardwood
Roof type
Flat
Listing Agency:
The Collective Realty
(310) 569-1335
Listed By:
Will Tiao · License #01918965
(323) 363-1096
Added: Jul 6
Changed: Aug 19
Last Checked: Aug 24 at 7:06AM
MLS# 26855479
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Vinograd is a historic mixed-use apartment building originally built in 1927 and reimagined from a 1920s hotel. The property contains 30 residential units: 27 studios, one 1-bedroom, and one 2-bedroom. Select residential units come fully furnished, and interior features include high ceilings of 9 feet or more. Heating is natural gas, and cooling is provided via wall/window units. The building sits under a flat roof and includes 3 street-facing commercial spaces.
Located at 2107 Cesar E Chavez Ave in Los Angeles (90033), the commercial spaces are positioned for retail or creative office use with prime frontage on Cesar Chavez Avenue. The surrounding area includes established local destinations, and the property is described as having connectivity via Metro E Line and nearby public transit.
Additional income metrics referenced for the property include a current GRM of 7.7 and a cap rate of 8.1%. The lot size is 0.1722 acres and the property size is 12,352 square feet.
Located at 2107 Cesar E Chavez Ave in Los Angeles (90033), the commercial spaces are positioned for retail or creative office use with prime frontage on Cesar Chavez Avenue. The surrounding area includes established local destinations, and the property is described as having connectivity via Metro E Line and nearby public transit.
Additional income metrics referenced for the property include a current GRM of 7.7 and a cap rate of 8.1%. The lot size is 0.1722 acres and the property size is 12,352 square feet.
Key Highlights
- 0.1722‑acre lot at 2107 Cesar E Chavez Ave, Los Angeles, CA 90033
- 30 residential units: 27 studios plus one 1‑bedroom and one 2‑bedroom
- 3 street‑facing commercial spaces with prime Cesar Chavez Avenue frontage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$286,655
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,733,100
$5.7M
Cap Rate 7%
$4,095,071
$4.1M
Cap Rate 9%
$3,185,056
$3.2M
Market Conditions
NOI Build-Up for 12,352 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$456.5K $36.96/SF
− Vacancy
−$47.0K −$3.81/SF
EGI
$409.5K $33.15/SF
− OpEx
−$122.9K −$9.95/SF
NOI
$286.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,733,100
Cap Rate 7%
$4,095,071
Cap Rate 9%
$3,185,056
Alternative Uses
Best Use
Apartment 5plus
$218.38M
$191.08M – $254.77M
NOI $15,286,268 @ 7.0% cap · market cap 436.75%
Second Best
Retail
$4.10M
$3.58M – $4.78M
NOI $286,655 @ 7.0% cap · market cap 8.19%
Theoretical Best
Multifamily LT 5
$250.24M
$218.96M – $291.95M
NOI $17,517,087 @ 7.0% cap · market cap 500.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,269
Businesses Nearby
Explore this area
Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - LAC2-zoned 30-unit apartment building with street-facing commercial spaces on Cesar Chavez Ave.
Where is this apartment building located?
The property is located at 2107 Cesar E Chavez Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 0.1722‑acre lot at 2107 Cesar E Chavez Ave, Los Angeles, CA 90033; 30 residential units: 27 studios plus one 1‑bedroom and one 2‑bedroom; 3 street‑facing commercial spaces with prime Cesar Chavez Avenue frontage
