2472 N Eastern, Los Angeles, CA 90032

$1,780,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,780,000
Status
ACTIVE
MLS#
DW26170010
Year Built
1949
Lot Size
20,089
Acres
0.46
Lot Location
Walkstreet
Days on Market
1
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Discover an excellent seven-unit investment opportunity with strong curb appeal, located at 2472 N. Eastern Avenue in Los Angeles. This property is fully compliant with the Los Angeles Department of Building and Safety Soft-Story Retrofit Ordinance and is situated on a well-maintained 20,215-square-foot lot featuring newer asphalt paving throughout the parking area. The unit mix consists of six two-bedroom, one-bath units and one three-bedroom, one-bath unit. Select residences have been upgraded with modern vinyl plank flooring, and every unit features private washer and dryer hookups. Parking includes a dedicated one-car garage for each two-bedroom unit and a two-car garage for the three-bedroom unit, with additional ample on-site parking available providing 2 parking spaces per unit. Ideally located for commuters and residents alike, the property offers easy access to Downtown Los Angeles, South Pasadena, Pasadena, Alhambra, and Monterey Park, as well as the 710, 10, and 5 freeways. Nearby conveniences include Cal State LA, Costco, Target, and a variety of shopping and dining options. This is a rare, turn-key income-producing opportunity for the discerning investor.

Additional Information

Pool Description
None
Heat
Floor Furnace
Garage Spaces Total
8
Sewer
Private Sewer
Water
Private
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$143,988
Operating Expense
50396

Listing courtesy of Listing Agent: Dale Jervis (dale.jervis@century21Jervis.com) from Listing Office: Century 21 Jervis & Associates.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.