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Property profile & analytics
OFF-MARKET Estimated value $930,000
Turn key restaurants

2228 Cesar E Chavez Ave Los Angeles, CA 90033-1878

12,510 SF 0.18 ac lot Built 1927
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6520540
Property summary
AI-generated overview

This exceptional 6,000 square foot creative office space is ideally situated at 2228 East Cesar E Chavez Avenue in Los Angeles, California, within Los Angeles County (zip code 90033). The property is classified as both retail and office, specifically a creative office storefront, offering a unique blend of functionality and aesthetic appeal. Currently, the entire 6,000 square feet is available for lease, presenting a significant opportunity for a single tenant seeking a substantial and versatile space. The building's multiple tenancy structure suggests a history of successful occupancy, indicating a desirable location and potentially adaptable layout. The property's location in Los Angeles offers excellent access to a diverse workforce and a vibrant urban environment. This is a prime opportunity for a business seeking a large, adaptable space in a dynamic Los Angeles neighborhood. The property's classification as a "creative office" suggests features that cater to modern, design-focused businesses, potentially including open floor plans, high ceilings, and ample natural light. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1927
Construction TILT-UP CONCRETE
Total area 12,510 SF
Lot 0.18 ac (7,775 SF)
Zoning code LAC2
APN 5183-003-002
UPID US09-6520540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Steelmont Studio Photography Service (Bike/Boat/Book/etc) Store
  • bluestory, Clothing Supplier
  • ZMS The Academy Vocational School Training Center
  • Aleph Studio (Bike/Boat/Book/etc) Store Photography Service
  • La La Beauty Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$930k
Owner & transaction history
Steven Elliot Edelson · 7 yrs held
Steven Elliot Edelson
since 2018
5 recorded transactions
2024
Price N/A
2018
$2.6M
2002
$765,000
2002
Price N/A
1967
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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