3935 E Cesar E Chavez, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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Los Angeles, California 90063
This Mixed-Use Quadruplex represents a High-Potential Investment Opportunity with a List Price of $699,999, aligning perfectly with its $699,999 Fair Market Value. The asset features a renovated 3-bedroom unit commanding $3,000 per month alongside an established commercial hair salon and two additional residential units. With a Condition Rating of 4 and versatile LCC3 Zoning, the property offers significant forced appreciation through ADU development on the 3,272 sqft lot. This diversified income stream is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3935 E Cesar E Chavez Subject | $699,999* List Price | 0 | 0 | 1,645 | $426 | - |
A 4129 Hammel Sold | $810,000 | 0 | 0 | 1,635 | $495 | 0.3 mi |
B 422 N Townsend Sold | $660,000 | 0 | 0 | 1,827 | $361 | 0.4 mi |
C 4233 Michigan Avenue Sold | $750,000 | 0 | 0 | 1,379 | $544 | 0.4 mi |
D 3258 -3260 Gleason Active | $795,000 List Price | 0 | 0 | 1,771 | $449 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1930s mixed-use property exhibits a significant range in condition across its four units. While the primary upstairs unit has been recently renovated with modern shaker cabinets, stone countertops, and updated flooring, other portions of the building remain in a much more aged state. Images of the secondary units reveal outdated kitchens with painted vintage cabinetry, bare-bulb lighting, and visible surface-mounted wiring. Overall, the property is functional and income-producing but requires further updates to the non-renovated sections and likely faces maintenance needs typical of a century-old structure.
This mixed-use property features four distinct units, including a long-term commercial hair salon and three residential units, providing a stable and multifaceted cash flow for investors.
With LCC3 zoning and a large lot, there is significant upside through the potential addition of an ADU or JADU, plus the immediate opportunity to lease the owner-occupied unit at market rate.
The primary 3-bedroom upstairs unit has been recently renovated and is already commanding a strong rental rate of $3,000 per month, reducing immediate capital expenditure needs for the largest unit.
Originally constructed in 1930, the property may require ongoing maintenance or costly upgrades to aging systems such as plumbing and electrical to meet modern standards.
Housing four units within just 1,645 square feet results in very compact living spaces, which may lead to higher tenant turnover or limit the property's appeal to certain demographics.
Fantastic Investment Opportunity – Mixed-Use Property with Multiple Income Streams - LCC3 Zoning Great opportunity for investors or an owner-operator. This mixed-use property is currently configured as four units and offers strong income potential with room to grow. Property Features: • Renovated Upstairs Unit: 3 bed / 1 bath, recently updated, renting for $3,000/month. • Established Hair Salon: Long-term commercial tenant providing steady rental income. • 1-Bedroom Unit: Owner-occupied and will be delivered vacant at closing. • Studio Apartment: Cozy studio offering additional rental options. Expansion Potential: Large lot with potential for additional units, ADU, or JADU (buyer to verify). A solid investment with multiple income sources and future upside. Don’t miss this opportunity! Buyer to verify all square footage, unit count, and permits.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,645 | 1,879.5 | 40% |
| Lot Size | 3,272 | 5,512.5 | 5% |
| Price | $700.0K | $725.0K | 50% |
| Price per sq ft | $426 | $386 | 70% |
| Built year | 1930 | 1923 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 217 | 25% |
Dec 30, 2025
$699,999
Initial Listing
Oct 23, 2018
$560,000
Public Record