2460 Eastern Ave Los Angeles, CA 90032
14-unit apartment complex near Downtown Los Angeles with strong rental upside.
Property Features for 2460 Eastern Ave
General Information
- Standard status
- Active
Building Details
- Year built
- 1964
Source:
Corcoran
Listing Agent: Rachael Nol
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fully Occupied Multifamily Investment Property
This 14-unit apartment complex is situated on a 13,563 sq ft lot, approximately 15 minutes from Downtown Los Angeles. The property is fully occupied and offers immediate cash flow. Each unit includes 2 bedrooms and 1 bathroom, along with separate electric and gas meters. There are 14 on-site parking spaces available. The property also features on-site laundry facilities and a dedicated storage room. Four of the units have been fully remodeled with modern finishes. The location provides convenient access to major freeways, public transportation, shops, restaurants, and schools. This property is suitable for investors expanding their portfolio or seeking a 1031 exchange opportunity.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.18007
- Latitude
- 34.07523
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 14-unit apartment complex near Downtown Los Angeles with strong rental upside.
Where is this apartment building located?
The property is located at 2460 Eastern Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: - Fully Occupied 14-Unit Multifamily Complex offering immediate cash flow.; - Prime Location about 15 minutes from Downtown Los Angeles, near freeways, public transportation, shops, restaurants, and schools.; - Strong Rental Upside potential.