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Sold for $1,360,000
  • $1,360,000

    4537 E Cesar E Chavez Ave, Los Angeles, CA 90022

    7beds
    8baths
    5,656sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $1,548,400 Zestimate®
    $240/sqft
    $2,546 Estimated rent

    Home value

    $1,548,400

    $1.38M - $1.73M

    $2,546/mo

    Zestimate® history
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    $2,546/mo

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    $8,669/mo

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    What's special

    This property is priced to sell! Only $243/SF! Listed at 11.74 GRM on current rents, a 6.13% CAP rate, and plenty of room to grow on rents, this is an excellent opportunity for an investor who wants to own a cash flowing property in an irreplaceable area. Call for a full marketing package w/financials. Welcome to East Los Angeles, a warm and vibrant community rich with cultural history and deep roots. The subject property is a well known local gem situated along one of the most well known blocks east of the 710 Fwy. It sits directly across from the famous La Azteca Tortilleria and adjacent to the historic El Gallo Plaza and the landmark Our Lady of Soledad Church. Also nearby are Cities Nightclub and El Gallo Restaurant and Bakery. The offering includes two structures: The front structure features 2 ground floor retail storefronts and a large 2nd floor 3Br apartment with patio. In the rear is a separate quadruplex with all 1Br+1Ba apts. Given that this is unincorporated Los Angeles, the 5 units are not subject to City of LA Rent Control, only County of LA. All in all, this is an incredible opportunity to purchase an iconic piece of East LA history.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dana Coronado DRE # 01746702 310-562-9630,

    Compass 818-783-7721

    Bought with:

    Dana Coronado, DRE # 01746702

    Compass

    Source: CLAW,MLS#: 24-382455MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    Bathroom
    • Features: Low Flow Toilet(s), Low Flow Shower(s)
    Heating
    • Wall Gas
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Disposal, Gas Water Heater
    • Laundry: None
    Features
    • Flooring: Mixed, Stained Concrete, Engineered Hardwood, Cement
    • Doors: French Doors
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 5,656
    • Total interior livable area: 5,656 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main Level
    • Patio & porch: Roof Top Deck
    • Exterior features: Balcony
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    • Waterfront features: None
    Lot
    • Size: 5,309 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5235004025
    • Zoning: LCC3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Stucco
    Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: In Connected and Paid
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $146,410
    • Annual tax amount: $2,074
    • Date on market: 12/10/2025
    • Total actual rent: 117156
    • Tenant pays: Gas, Electricity, Trash Collection

    Price history

    DateEventPrice
    9/25/2024Sold$1,360,000-1.1%$240/sqft
    Source: CLAW #24-382455 Report a problem
    9/10/2024Pending sale$1,375,000$243/sqft
    Source: CLAW #24-382455 Report a problem
    7/29/2024Contingent$1,375,000$243/sqft
    Source: CLAW #24-382455 Report a problem
    7/8/2024Price change$1,375,000-5.2%$243/sqft
    Source: CLAW #24-382455 Report a problem
    6/5/2024Price change$1,450,000-3.3%$256/sqft
    Source: CLAW #24-382455 Report a problem
    4/22/2024Listed for sale$1,500,000$265/sqft
    Source: CLAW #24-382455 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,074 +1.1%$146,410 +2%
    2024$2,051 +1.6%$143,540 +2%
    2023$2,019 +4.7%$140,726 +2%
    2022$1,927 +0.9%$137,967 +2%
    2021$1,910 -0.6%$135,262 +1%
    2020$1,923 $133,876 +2%
    2019$1,923 +12.1%$131,251 +2%
    2018$1,715 $128,678 +2%
    2017$1,715 +2.1%$126,155 +2%
    2016$1,679 +1.9%$123,682 +1.5%
    2015$1,648 +1.6%$121,825 +2%
    2014$1,622 $119,439 +2.5%
    2012-- $116,569 +2%
    2011-- $114,284 +0.8%
    2010-- $113,430 -0.2%
    2009-- $113,700 +2%
    2008-- $111,471 +2%
    2007-- $109,286 +2%
    2006-- $107,144
    2005-- $107,144 +4%
    2004-- $102,985 +1.9%
    2003-- $101,098 +2%
    2002-- $99,116 +4%
    2000-- $95,268
    Find assessor info on the county website

    Neighborhood: 90022

    Nearby schools

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    Estimated market value
    $1,548,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,548,400