BOYLE HEIGHTS – The two-story brick building at the southwest corner of Soto Street and Cesar Chavez Avenue has loomed over the busy Boyle Heights crossroads for more than a century. Now, after being painted, the building that is home to a Payless shoe store and a notable murals is up for sale, with the owners asking $2.85 million, according to LoopNet.
This stretch of Cesar Chavez is packed with shops, restaurants and street life. It rivals the better known Mariachi Plaza and First Street as a hub of Boyle Heights commercial life. The approximately 10,000-square-foot building, constructed in 1913, is one of the more prominent buildings on this section of Cesar Chavez, and anchors the corner of Chavez and Soto, where about 40,000 a vehicles a day pass through the intersection, according to the listing.
The ground floor is leased up but the second floor is vacant and “can either be rented as an office or residential,” according to the listing.
The Soto street side of the building is covered with one of the neighborhood’s most prominent and largest murals, El Corrido de Boyle Heights, which was painted in 1983.