100% Vacant Mixed-Use Boyle Heights 1416 E Cesar E Chavez Ave Local commercial 143 m² 100 % Loué À vendre Los Angeles, CA 90033 632 896 € (4 438,07 €/m²)

Darin Spillman at Kidder Mathews is pleased to present a mixed-use property at 1416-20 E. Cesar Chavez Avenue in the exciting Boyle Heights submarket of Los Angeles, minutes from downtown.
The property would qualify for up to 80% LTV financing backed by the CA State Guarantee Program, if an owner-user occupies the retail space. The entirely vacant property consists of a 500 SF retail building with permitted restaurant use and kitchen equipment (buyer to verify), and a 1,035 SF residential building consisting of two 1 bedroom / 2 bathroom units, each with 2 separate entrances.
Alternatively, the retail space can be converted to an ADU.
Situated in a high density, heavily foot trafficked commercial corridor 0.4 miles from the Mariachi Plaza light rail station, with close proximity to the Arts District, Downtown L.A., and all the employment, shopping, schools, and retail that Boyle Heights has to offer, 1416-1420 E Cesar Chavez Avenue presents a unique opportunity for an owner-user or investor to acquire a value-add property.