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Fully Occupied Multifamily Investment Property

2460 Eastern Avenue Los Angeles, CA 90032

2460 Eastern Avenue, Los Angeles, CA, 90032
$2,550,000
For Sale
$2,550,000

14-unit apartment complex near Downtown Los Angeles with strong rental upside.

Days on Market406

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 Checked: Mar 16 at 9:09 am

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Pharmacy Accounting Firm Acupuncture Grocery & Convenience Store

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

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 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.
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