Mixed-Use Building with Townhouse
3700 E Cesar E Chavez Avenue Los Angeles, CA 90063
3700 E Cesar E Chavez Avenue, Los Angeles, CA, 90063
$1,690,000
For Sale
$1,690,000
Existing 5,000-square-foot commercial building is planned to be reduced to 3,800 square feet for attached RTI-ready rentals.
Property Size3,800 SF
Price / SF$444.74
Days on Market132
Property Features for 3700 E Cesar E Chavez Avenue
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1932
Listing agency
eXp Realty of Greater Los Angeles
(323) 377-4961
Listed by
John Matukas · License #01909667
(323) 377-4961
Source
Exitrealty
Added: Mar 13 Updated: Jul 22 at 10:02AM Checked: Jul 22 at 10:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Greater Los Angeles
Investment Insights
Based on property information with market context.
This mixed-use property includes an existing 5,000-square-foot commercial building that is intended to be reduced to 3,800 square feet to accommodate attached RTI plans for five brand new, RTI-ready townhouse-style residential rental homes. The planned homes are described as three bedrooms and three bathrooms each, with first-floor bedrooms.
The building is located on a corner at 3700 E Cesar E Chavez Avenue in Los Angeles, positioned across from Superior Grocery. The commercial component is described as being on a high-traffic-count corner location, while the residential portion is planned with a side street.
The provided remarks also note that the residential component does not include low-income units or rent-controlled units.
The building is located on a corner at 3700 E Cesar E Chavez Avenue in Los Angeles, positioned across from Superior Grocery. The commercial component is described as being on a high-traffic-count corner location, while the residential portion is planned with a side street.
The provided remarks also note that the residential component does not include low-income units or rent-controlled units.
Key Highlights
- Built in 1932, the existing 5,000 SF commercial building is planned to be reduced to 3,800 SF
- Attachment to an RTI plan for 5 brand‑new RTI‑ready townhouse‑style residential rental homes
- Planned mix of 3‑bedroom, 3‑bath units with 1st‑floor bedrooms
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.4k | $36.96 |
| − Vacancy | −$14.5k | −$3.81 |
| EGI | $126.0k | $33.15 |
| − OpEx | −$37.8k | −$9.95 |
| NOI | $88.2k | $23.21 |
3,800 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$67.18M
$58.78M – $78.38M
NOI $4,702,705 @ 7.0% cap · market cap 278.27%
Second Best
Retail
$1.26M
$1.10M – $1.47M
NOI $88,187 @ 7.0% cap · market cap 5.22%
Theoretical Best
Multifamily LT 5
$76.99M
$67.36M – $89.82M
NOI $5,389,000 @ 7.0% cap · market cap 318.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Existing 5,000-square-foot commercial building is planned to be reduced to 3,800 square feet for attached RTI-ready rentals.
Where is this apartment building located?
The property is located at 3700 E Cesar E Chavez Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Built in 1932, the existing 5,000 SF commercial building is planned to be reduced to 3,800 SF; Attachment to an RTI plan for 5 brand‑new RTI‑ready townhouse‑style residential rental homes; Planned mix of 3‑bedroom, 3‑bath units with 1st‑floor bedrooms
