3700 E Cesar E Chavez Ave , Los Angeles, CA 90063
$1,595,000
Est. Payment: $8,518.42/mo
0 Bed
0 Bath
7017 Sqft
Status: Active | Days on site: 14
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House Description

Saxum West is pleased to present 3700 E. Cesar E. Chavez Avenue a newly renovated, 7,000 SF single-tenant retail building situated at the hard corner of Cesar Chavez Ave and Eastman Ave in the heart of East Los Angeles. The property includes 5,660 SF of ground-floor retail (12-foot ceilings in the main retail area) and 1,357 SF of usable mezzanine connected by interior staircase, plus a gated rear parking lot. The building has been brought to a partially improved shell / white box condition with a new roof, new 200A electrical service (120/240V, 1P, 3W), new recessed LED lighting throughout, two restrooms, new drywall and fresh paint, and a current Certificate of Occupancy.Located on one of East LA's primary commercial spines, the property is right across the street from Superior Grocers and CVS Pharmacy two of the highest-traffic anchor tenants in the trade area. Surrounding co-tenancy includes Brooklyn Hardware, multiple medical and dental clinics, restaurants, and dense neighborhood retail. The property serves an established residential population with strong daytime and evening foot traffic on a corridor that benefits from continued investment.The property is zoned LCC3 (Unlimited Commercial Zone) under the jurisdiction of unincorporated LA County, with the Cesar Chavez Avenue Transect Plan (Flex Block) overlay. LCC3 is one of the broadest commercial zoning category in unincorporated LA County and permits a wide range of by-right retail and service uses including auto parts retail, hardware and building supply stores, general retail, apparel, furniture and appliance stores, restaurants, medical and dental offices, fitness studios, daycare centers, pharmacies, and professional services.The expansive permitted-use range, combined with the building's visibility and gated rear parking, makes this property equally suitable to an owner-user or a savvy investor looking for a single tenant investment property with value-add upside. At the asking lease rate of $1.65 per SF MG, the building generates approximately $138,600 in gross scheduled income and supports a ~6.4% cap rate at the listed sale price attractive for passive investors seeking newly renovated retail income in a high-barrier-to-entry submarket. The hard corner location, turnkey condition, and SBA-eligible profile also position the property as a great owner-occupier play.In addition to its as-is value, the property includes Ready-to-Issue (RTI) permits for a five-unit attached townhome development (4,777 SF) at the rear of the lot, with the front 3,865 SF of the existing retail building retained for continued commercial use. The entitled program includes four 3BR/3BA townhomes (928 SF each) plus one ADA-compliant unit (1,065 SF) under the Cesar Chavez Avenue Transect Plan (Flex Block, 30 du/acre, 40-ft height), with no parking required under AB 2097. These future townhomes will be free from rent control and affordable housing restrictions, offering full market-rate rental potential. The architectural plans are available upon request and provide optionality for a future redevelopment strategy without committing the next owner to it.

Highlights

Listed by Joseph Bolognese , 310-422-3891 Saxum West , 310-595-9000. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.18

Year Built

1932

County

Los Angeles

Area

ELA - East Los Angeles

Listing ID

26985043

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:7
Zoning:LCC3*
Principal Interest
$8,518
Taxes
$1,017

Home Price

$1,595,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$319,000
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Monthly Price:
$8,518.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,518.42 $1,016.81 $0.00 $9,535.23
Yearly $102,221.00 $12,201.75 $0.00 $114,422.75
Total $3,066,629.89 $366,052.50 $0.00 $3,432,682.39

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-09-22T23:02:25.000Z

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