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Lincoln Heights Multi-Unit Investment Property
For Sale
$890,000

2333 Eastlake Avenue, Los Angeles, CA 90031

Multi-unit property in Lincoln Heights near landmarks and employment hubs.

Property Size3,531 SF
Days on Market153

Property Features for 2333 Eastlake Avenue

General Information

Standard status Active
Size 3,531 SF
Property subtype Mixed Use

Building Details

Building Size 3,531 SF
Year Built 1902
Listing Agency: Wetrust Realty
Listed By: Samuel Goh · License #01986716
Source: Archetyperealty
Added: Apr 2 Changed: Aug 25 Last Checked: Aug 30 at 10:52PM

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 Wetrust Realty

Investment Insights

Based on property information with market context.

Located in the Lincoln Heights neighborhood of Los Angeles, this property presents an investment opportunity. The property, situated on a large lot, features a total of 6 units across two separate dwellings, including 7 bedrooms and 6 bathrooms. The property has a history of long-term, stable tenants, providing consistent occupancy and income. The property's setup and location make it attractive for those looking to implement a long-term investment strategy. The location provides convenient access to major freeways, public transportation, dining, shopping, and entertainment. The property is located near LAC+USC Medical Center, Chinatown, and Dodger Stadium, with Downtown Los Angeles nearby. The walk score is 60, indicating that the area is somewhat walkable, the bike score is 33, indicating that the area is somewhat bikeable, and the transit score is 55, indicating good transit options.

Key Highlights

  • Investment opportunity in desirable Lincoln Heights neighborhood.
  • Multi‑unit property with 6 units (7 bedrooms, 6 bathrooms) across two dwellings.
  • Consistent occupancy and income from long‑term, stable tenants.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Tech Support Center Electrical Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,544
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

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?
Apartment building - Multi-unit property in Lincoln Heights near landmarks and employment hubs.
Where is this apartment building located?
The property is located at 2333 Eastlake Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Investment opportunity in desirable Lincoln Heights neighborhood.; Multi‑unit property with 6 units (7 bedrooms, 6 bathrooms) across two dwellings.; Consistent occupancy and income from long‑term, stable tenants.
More about this property
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