
Los Angeles, California 90063
Opportunity awaits in the heart of East Los Angeles! This mixed-use investment property features two commercial store fronts with 2 detached 2 bedroom 1 bath homes (all located within one parcel). Ideal opportunity for investors. The property needs repairs and offers an opportunity to renovate and improve the existing buildings or explore redevelopment potential, including a possible multilevel residential project, subject to zoning, permits, and applicable approvals. Conveniently located near shopping, public transportation, and Metro, with easy access to the 710 and 60 freeways. Cal State LA, Downtown Los Angeles, and the many dining, entertainment, and cultural amenities of the surrounding area are within easy reach. Bring your vision and explore the possibilities! Buyer to independently verify permitted uses, zoning, and development potential. Two adjacent properties sold together. 3536 & 3540 E. Cesar Chavez Ave LA 90063. Combined asking price $ 1,350,000. Seller requires both properties be purchased together, seperate MLS listings.
Property is extensive renovation needed.
Built in 1918, these structures are over 100 years old. The listing explicitly states the property 'needs repairs' and suggests 'redevelopment potential,' indicating significant deferred maintenance and likely outdated systems that require a full rehab rather than minor updates.
The property features a unique combination of two commercial storefronts and two detached residential units on a single parcel, offering diverse income streams and high investment utility.
Ideally situated near the Metro, major freeways, and Downtown Los Angeles, providing excellent visibility for businesses and high accessibility for residential tenants.
The site offers significant upside through potential multilevel residential redevelopment or value-add renovation, catering to the increasing demand in the East Los Angeles market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5040, other record living area = 3192.
The existing structures require extensive repairs and improvements, necessitating a substantial additional capital outlay for any investor or developer.
The sale is contingent upon the simultaneous purchase of the adjacent property, increasing the total acquisition cost to $1,350,000 and limiting buyer flexibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 11.0 |
| Baths | 0.0 | 5.7 |
| Square foot | 5,040 | 4,165.789 |
| Lot Size | 5,042 | 6,696 |
| Price | $835.0K | $956.9K |
| Price per sq ft | $166 | $273 |
| Built year | 1918 | 1937 |
| HOA | $0 | $907 |
| Days on market | 10 | 134 |
Oct 30, 2026
$835,000
Initial Listing