3700 E Cesar E Chavez Ave 7,017 SF Retail Building Los Angeles, CA 90063 $2,270,849 CAD ($323.62 CAD/SF)

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 ±5,000 SF of ground-floor retail (12-foot ceilings in the main retail area) and ±2,000 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 new 200-amp electrical service (120/240V, single phase, 3-wire), all-new recessed LED lighting throughout, two restrooms, 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 suitable for owner-users as well as for value-add retail investors. 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 retail 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. The architectural plans are available upon request and provide optionality for a future redevelopment strategy without committing the next owner to it.
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