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Prime investment opportunity in the heart of Boyle Heights! This well-maintained 12,510 sq. ft. two-story commercial building, situated on a 7,775 sq. ft. lot, offers an exceptional opportunity for both investors and owner-users seeking strong cash flow in one of Los Angeles' most established commercial corridors. Currently nearly fully occupied, with only one vacant unit, this property provides immediate income while still offering upside through the available space and future rental adjustments. Several tenants are on month-to-month leases, providing flexibility for a new owner to reposition the asset or increase rents over time. The front retail space is currently occupied by an academy with a longer lease, adding to the property's diverse tenant mix. A unique feature of this property is its approximately 4,000 sq. ft. basement, which is currently being utilized by a business. This additional space offers tremendous flexibility for storage, operations, workspace, or future business expansion, making it a valuable asset rarely found in commercial properties in the area. With an estimated 10% cap rate, this is a rare opportunity in today's commercial market. The building is in turnkey condition, featuring high ceilings, excellent natural light, and a functional layout suitable for a variety of commercial uses. Located on the highly trafficked Cesar E. Chavez Avenue, the property enjoys outstanding visibility, strong daily traffic counts, and easy access to Downtown Los Angeles. Select areas of the property even offer views of the Downtown LA skyline. An additional highlight is the private rear patio, which presents an excellent opportunity to create an outdoor break area, lunch space, barbecue patio, or employee gathering area, adding value and appeal for tenants or an owner-user. Street parking and nearby public parking options provide convenient access for customers and employees. Whether you're looking to expand your investment portfolio, occupy part of the building while collecting rental income, or capitalize on the continued growth of Boyle Heights, 2228 E. Cesar E. Chavez Avenue offers strong in-place cash flow, excellent tenant occupancy, and tremendous long-term upside in one of Los Angeles' most vibrant commercial corridors.
Listing agent: Paola Melendez DRE #01779654 paolamc21allstars@gmail.com, Listing office: Century 21 Allstars
MLS data updated 10/19/2026, 9:17:43 AM PT
Source: CRMLS, MLS #: DW26174719
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 21, 2026
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This home · nearest recorded event
$2,999,999Original asking price · Aug 21, 2026ZIP 90033 · Aug 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.