Prime investment opportunity in the heart of Boyle Heights! This well-maintained 12,510 sq. ft. two-story commercial building, situated on a 7,775 sq. ft. lot, offers an exceptional opportunity for both investors and owner-users seeking strong cash flow in one of Los Angeles' most established commercial corridors.
Currently nearly fully occupied, with… Read More only one vacant unit, this property provides immediate income while still offering upside through the available space and future rental adjustments. Several tenants are on month-to-month leases, providing flexibility for a new owner to reposition the asset or increase rents over time. The front retail space is currently occupied by an academy with a longer lease, adding to the property's diverse tenant mix.
A unique feature of this property is its approximately 4,000 sq. ft. basement, which is currently being utilized by a business. This additional space offers tremendous flexibility for storage, operations, workspace, or future business expansion, making it a valuable asset rarely found in commercial properties in the area.
With an estimated 10% cap rate, this is a rare opportunity in today's commercial market. The building is in turnkey condition, featuring high ceilings, excellent natural light, and a functional layout suitable for a variety of commercial uses.
Located on the highly trafficked Cesar E. Chavez Avenue, the property enjoys outstanding visibility, strong daily traffic counts, and easy access to Downtown Los Angeles. Select areas of the property even offer views of the Downtown LA skyline.
An additional highlight is the private rear patio, which presents an excellent opportunity to create an outdoor break area, lunch space, barbecue patio, or employee gathering area, adding value and appeal for tenants or an owner-user.
Street parking and nearby public parking options provide convenient access for customers and employees.
Whether you're looking to expand your investment portfolio, occupy part of the building while collecting rental income, or capitalize on the continued growth of Boyle Heights, 2228 E. Cesar E. Chavez Avenue offers strong in-place cash flow, excellent tenant occupancy, and tremendous long-term upside in one of Los Angeles' most vibrant commercial corridors. Read Less
Property listed by Century 21 Allstars, Paola Melendez 562-225-4802
Listing Snapshot
Days Online
0
Last Updated
Property Type
Business
Square Ft.
12,510
Lot Size
0.18 Acres
Year Built
1927
MLS Number
DW26174719
Additional Details
Building
Built in 1927, 1 building, 2 stories, Entry level: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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