Boyle Heights Commercial Property For
For Sale
$599,000
4118 E Cesar E Chavez, Los Angeles, CA 90063
Commercial property in prime Boyle Heights location, excellent visibility.
Property Size1,538 SF
Lot Size0.05 Acres
Price / SF$389.47
Days on Market211
Property Features for 4118 E Cesar E Chavez
General Information
Standard status
Active
Size
1,538 SF
Lot size
0.05 Acres
Building Details
Year Built
1955
Listing Agency:
Wallstreet Realty
Listed By:
Sonia Hernandez · License #01492506
(626) 261-8577
Source:
Myfabuloushome
Added: Mar 11
Changed: Oct 3
Last Checked: Oct 6 at 12:32AM
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 Wallstreet Realty
Investment Insights
Based on property information with market context.
Located at 4118 E Cesar Chavez Avenue in Boyle Heights, this commercial property offers an investment or owner-user opportunity. The building features approximately 1,600 square feet of space on an approximately 2,041 square foot lot, zoned LCC3. Positioned at the corner of E Cesar Chavez Avenue and Carmelita Avenue, the property benefits from visibility and high foot and vehicle traffic along a main commercial corridor. The location is surrounded by retailers, restaurants, and businesses. The property is currently tenant-occupied and can be delivered vacant at closing, suitable for investors seeking income potential or for an owner-user looking to establish their business.
Key Highlights
- Prime location on E Cesar Chavez Avenue, a main commercial corridor in Boyle Heights, offering excellent visibility and high traffic.
- Delivered vacant at closing, suitable for both investors seeking income and owner‑users wanting to establish a business.
- Zoned LCC3, providing versatile commercial usage options.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,693
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$713,860
$713.9K
Cap Rate 7%
$509,900
$509.9K
Cap Rate 9%
$396,589
$396.6K
Market Conditions
NOI Build-Up for 1,538 SF
Gross rent
$56.8K $36.96/SF
− Vacancy
−$5.9K −$3.81/SF
EGI
$51.0K $33.15/SF
− OpEx
−$15.3K −$9.95/SF
NOI
$35.7K $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 Rate 5%
$713,860
Cap Rate 7%
$509,900
Cap Rate 9%
$396,589
Alternative Uses
Best Use
Retail
$509.9K
$446.2K – $594.9K
NOI $35,693 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$31.16M
$27.26M – $36.35M
NOI $2,181,127 @ 7.0% cap · market cap 364.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,064
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90063, CA
50,227
Population
14,046
Households
3.6
Avg Household Size
34
Median Age
13%
College-Educated
56%
High-School Grad
3.3 sq mi
ZIP Area
15,220
Density / Sq Mi
$71,725
Median Household Income
$33,832
Median Earnings
$1,489
Median Rent
$619,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Similar Off Market Nearby
- Flower Delivery East Los Angeles — 4500 e 3rd st, east los angeles, ca 90022
- Love's Flowers — 3554 1st St, Los Angeles, CA 90063
- Leon's Flowers & Supplies — 111 N Ditman Ave, Los Angeles, CA 90063
- B & E Flowers — 3705 1st St, Los Angeles, CA 90063
- Carmelitas Flower Shop — 3531 E Cesar E Chavez Ave, Los Angeles, CA 90063
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial property in prime Boyle Heights location, excellent visibility.
Where is this storefront property located?
The property is located at 4118 E Cesar E Chavez Los Angeles, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location on E Cesar Chavez Avenue, a main commercial corridor in Boyle Heights, offering excellent visibility and high traffic.; Delivered vacant at closing, suitable for both investors seeking income and owner‑users wanting to establish a business.; Zoned LCC3, providing versatile commercial usage options.
