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Triplex with Three Separate Meters
New
For Sale
$1,250,888

2231 Eastlake, Los Angeles, CA 90031

All three residences are rented and have separate electric and gas meters.

Property Size3,807 SF
Days on Market4

Property Features for 2231 Eastlake

General Information

Standard status Active
Size 3,807 SF
Property subtype Triplex
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR, 2 x 2BR/1BA
Multifamily Units 3

Building Details

Building Size 3,807 SF
Year Built 1908
Buildings 1
Listing Agency: Coldwell Banker Envision
Listed By: Dianna Merchant · License #01499425
Source: Archetyperealty
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Envision

Investment Insights

Based on property information with market context.

This 1908 triplex contains three residences. The front unit is two stories, with three bedrooms, a den or study, a cellar, a laundry room, and separate living, dining, and kitchen areas. Each of the two other units has two bedrooms, one bathroom, a kitchen, dining and living areas, and indoor laundry. Electric and gas are separately metered for each residence, and all units are currently rented.

The property is in Los Angeles, near downtown and Los Angeles County/USC Medical Center. Major transportation is also close by. Showings are drive-by only; offers are subject to interior inspection.

Key Highlights

  • Three residential units; all are currently rented
  • Front residence has 3 bedrooms and a den or study
  • Each of the other two residences has 2 bedrooms and 1 bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Tech Support Center Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,792
Businesses Nearby

Demographics for 90031, CA

37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - All three residences are rented and have separate electric and gas meters.
Where is this triplex located?
The property is located at 2231 Eastlake Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,888.
What are key features of this property?
This property features: Three residential units; all are currently rented; Front residence has 3 bedrooms and a den or study; Each of the other two residences has 2 bedrooms and 1 bathroom
More about this property
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