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Under contract
  • Listing Provided by: 

    RACHAEL NOL DRE #01963611 951-848-5188,

    KELLER WILLIAMS RIVERSIDE CENT

    $2,550,000

    2460 N Eastern Ave, Los Angeles, CA 90032

    28beds
    14baths
    11,570sqft
    : 
    Multi Family
    Built in 1964
    -- sqft lot
    $2,508,900 Zestimate®
    $220/sqft
    $-- HOA

    What's special

    Modern finishes
    Investor’s Dream in Prime Location – Fully Occupied 14-Unit Multifamily Complex. Don’t miss this exceptional opportunity to own a 14-unit apartment complex about 15 minutes from Downtown Los Angeles! Situated on a generous 13,563 sq ft lot, this income-producing property offers immediate cash flow with 100% occupancy and strong rental upside. Each unit features 2 bedrooms and 1 bathroom, with separate electric and gas meters for tenant convenience and operational efficiency. The property includes 14 individual on-site parking spaces, a rare and valuable amenity in the area. Additional features include on-site owned laundry facilities and a dedicated storage room—both increasing tenant satisfaction and revenue potential. Four of the units have been fully remodeled, offering modern finishes and increasing market appeal. The property is ideally located near major freeways, public transportation, shops, restaurants, and schools—making it highly desirable for tenants. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this property checks all the boxes for long-term value and immediate return.
    64 days
    on Zillow
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    9
    |
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    Zillow last checked: 7 hours ago

    Listing updated: June 21, 2025 at 06:47pm

    Listing Provided by:

    RACHAEL NOL DRE #01963611 951-848-5188,

    KELLER WILLIAMS RIVERSIDE CENT

    Source: CRMLS,MLS#: IV25122754MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 14
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 11,570
    • Total interior livable area: 11,570 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned, On Site
    • Carport spaces: 6
    • Uncovered spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Pool features: None
    Lot
    • Size: 0.31 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 5216008018
    • Zoning: LARD5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $220/sqft
    • Date on market: 6/3/2025
    • Listing terms: Submit
    • Tenant pays: Electricity, Gas
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