Fully Occupied Multifamily Investment
For Sale
$2,550,000
2460 Eastern Avenue, Los Angeles, CA 90032
14-unit apartment complex near Downtown Los Angeles with strong rental upside.
Property SizeContact for details
Days on Market428
Property Features for 2460 Eastern Avenue
General Information
Standard status
Active
Building Details
Year Built
1964
Listing Agency:
KELLER WILLIAMS RIVERSIDE CENT
Listed By:
RACHAEL NOL
Source:
Corcoran
Added: Jun 9, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 KELLER WILLIAMS RIVERSIDE CENT
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Explore this area
Business Placement
Demographics for 90032, CA
43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue 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.
