2105-2107 E Cesar Chavez Ave

Historic Mixed-Use Opportunity in Boyle Heights — Strong Returns & Prime Location

Discover The Vinograd, a reimagined 1920s hotel turned character-rich mixed-use property in the heart of Boyle Heights, just east of Downtown Los Angeles. This rare 30-unit asset features 27 residential apartments, ranging from studios to one- and two-bedrooms, and 3 highly visible commercial storefronts along the heavily trafficked Cesar Chavez Avenue.

With a current GRM of 9.2 and an impressive 6.3% cap rate, this property delivers compelling in-place income and marketable upside for investors seeking both stability and performance.

Many residential units come fully furnished and balance preserved vintage charm with updated finishes and urban appeal. The street-facing commercial suites offer built-in clientele, high foot traffic, and excellent visibility—ideal for retail, boutique office, or creative use.

Situated approximately one mile from the Arts District and Downtown LA, the property is surrounded by iconic eateries like Guisados and a range of locally owned businesses. Mariachi Plaza, parks, schools, and public transit, including the Metro E Line, are all within easy reach, offering cultural richness and strong connectivity.

Properties with this level of income performance, location appeal, and historic character are increasingly scarce. The Vinograd stands out as a unique blend of history, community, and investment strength, anchored by marketable financials and long-term demand.