3231 1/2 E Cesar Chavez Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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3231 1/2 E Cesar Chavez Avenue
Los Angeles, California 90063
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,400Sq Ft
2,625Lot Size
Property Price
LIST PRICE$849,999
EST. MARKET VALUE
$850,000
SUMMARY
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $845,580 Fair Market Value by -0.52%. While the property requires cosmetic updates due to its Fair Condition Rating, the 2006 construction offers a modern foundation for Buy-and-Hold Investors. With 6 bedrooms and 3 bathrooms, this asset is optimized for high rental demand. It serves as an ideal acquisition for Owner-Occupants seeking to house-hack or investors looking to build long-term real estate value in a central Los Angeles location.
Estimated Market Value
$850,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3231 1/2 E Cesar Chavez Avenue Subject 0 bd · 0 ba · 2,400 sqft · $354 | $849,999* List Price | 0 | 0 | 2,400 | $354 | - |
A 440 N Ezra Street Sold 0 bd · 0 ba · 1,556 sqft · $402 · 0.1 mi | $626,000 | 0 | 0 | 1,556 | $402 | 0.1 mi |
B 440 N Ezra Street Sold 4 bd · 2 ba · 1,556 sqft · $402 · 0.1 mi | $626,000 | 4 | 2 | 1,556 | $402 | 0.1 mi |
C 1022 Geraghty Avenue Sold 0 bd · 0 ba · 2,112 sqft · $376 · 0.9 mi | $795,000 | 0 | 0 | 2,112 | $376 | 0.9 mi |
D 1022 Geraghty Avenue Sold 6 bd · 3 ba · 2,112 sqft · $376 · 0.9 mi | $795,000 | 6 | 3 | 2,112 | $376 | 0.9 mi |
E 3559 E 4th Sold 0 bd · 0 ba · 2,846 sqft · $284 · 0.6 mi | $807,000 | 0 | 0 | 2,846 | $284 | 0.6 mi |
F 457 N Fresno Active 6 bd · 4 ba · 2,528 sqft · $346 · 0.1 mi | $875,000 List Price | 6 | 4 | 2,528 | $346 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2006 (18 years old), the property falls into the fair category due to visible deferred maintenance and dated finishes. Interior photos show heavily worn and stained carpeting, wall cracks, and original builder-grade oak cabinetry. The reliance on window AC units and wall heaters rather than central HVAC, combined with the general wear and tear, indicates the need for minor repairs and cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2006, this property is significantly newer than the average Los Angeles duplex, offering modern building standards and potentially lower immediate maintenance costs.
- High Rental Capacity
The 6-bedroom, 3-bathroom configuration across two units provides substantial living space, making it an ideal high-yield asset for investors or a house-hacking owner-occupant.
- Strategic Location
Located in a central Los Angeles hub with easy access to major freeways and local amenities, the property is positioned to attract a steady pool of tenants and maintain low vacancy rates.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 2,625 square feet for a 2,400 square foot building, there is very little outdoor space or private yard area for residents.
- Local School Ratings
The majority of the closest elementary and middle schools have lower performance ratings, which may be a drawback for long-term tenants with school-aged children.
About 3231 1/2 E Cesar Chavez Avenue
Income Opportunity!!! Discover the potential of this duplex property featuring two units with a total of 6 bedrooms and 3 bathrooms. Ideally located in the heart of Los Angeles, this property offers an excellent opportunity for investors seeking rental income or buyers who want to live in one unit while renting the other. With its two-unit configuration and versatile living space, this property offers exciting opportunities to generate income and build long-term real estate value. Conveniently located near local amenities, shopping, dining, transportation, and major freeways, it offers access to everything Los Angeles has to offer. Don’t miss this opportunity to own an income-producing property in a desirable Los Angeles location!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2006
- Lot Size
- 2,625 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Malabar Street Elementary School
Grades K-6 • 0.2 mi
4/10
First Street Elementary School
Grades K-6 • 0.5 mi
2/10
Belvedere Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,400 | 2,090.331 |
| Lot Size | 2,625 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $354 | $394 |
| Built year | 2006 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 87 |
Pricing History
Listed for Sale
Oct 21, 2026
$849,999
$850,000
+0% Price Increase
Initial Listing
Price Change
Oct 12, 2026
$850,000
Initial Listing
Sold
Oct 5, 2005
$530,000
Public Record