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2460 Eastern Ave Los Angeles, CA 90032

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For Sale
$2,550,000

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

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Listing Contact
Rachael Nol
Source: Corcoran

Listing Agent: Rachael Nol

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.18007
Latitude
34.07523

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.
More about this property
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