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Downtown Triplex with Gated Parking
For Sale
$1,000,000

5609 E Beverly BLVD, East Los Angeles, CA 90022

Triplex on Beverly Blvd with gated car parking and separate utilities for each unit.

Property Size3,108 SF
Price / SF$321.75
Days on Market277

Property Features for 5609 E Beverly BLVD

General Information

Standard status Active
Size 3,108 SF
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Building Size 3,110 SF
Year Built 1962
Tenancy Multi
Listing Agency: TREELANE REALTY GRP, INC.
Listed By: KINNY LIN · License #01244019
Source: Milsteinestates
Added: Oct 29, 2025 Changed: Jul 21 Last Checked: Jul 21 at 10:02PM

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 TREELANE REALTY GRP, INC.

Investment Insights

Based on property information with market context.

This triplex offers three rental homes arranged with a front unit and two residential units in the rear. The front unit at 5609 E Beverly Blvd is approximately 1,204 square feet and includes multiple rooms and two bathrooms; the seller notes it was previously used as an office/retail store, and the potential to convert back to residential use should be verified with the planning department. The two rear units are in a two-story building totaling approximately 1,904 square feet, with each unit featuring two bedrooms and one bathroom.

The property provides three electric and three gas meters, supporting separate utility service. Rear alley access leads to the back yard, and the site includes gated car parking.

Prospective buyers are encouraged to complete their own due diligence, including confirming permitted uses for the front unit with the appropriate planning authority.

Key Highlights

  • 3‑unit triplex on Beverly Blvd in downtown East Los Angeles with easy access to Fwy 60 and Fwy 710, 5 and 10
  • Front unit at 5609: approx. 1,204 SF with multiple rooms and 2 baths; previously used as an office/retail store
  • Rear 2‑story building: 1,904 SF with 2 units (5611 and 5613), each with 2 bedrooms and 1 bath

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $104.4k $33.60
− Vacancy −$2.6k −$0.84
EGI $101.8k $32.76
− OpEx −$30.5k −$9.83
NOI $71.3k $22.93
3,108 SF · lease $33.60/SF/yr · vacancy 2.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$890.9K – $1.19M (±1% cap)
NOI $71,273 @ 7.0% cap · market cap 7.13%
Second Best
Apartment 5plus
$928.3K
$812.2K – $1.08M (±1% cap)
NOI $64,978 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,642 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Nursing Home Electrical Service

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

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,501
Businesses Nearby

Demographics for 90022, CA

64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
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?
Triplex - Triplex on Beverly Blvd with gated car parking and separate utilities for each unit.
Where is this triplex located?
The property is located at 5609 E Beverly BLVD East Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3‑unit triplex on Beverly Blvd in downtown East Los Angeles with easy access to Fwy 60 and Fwy 710, 5 and 10; Front unit at 5609: approx. 1,204 SF with multiple rooms and 2 baths; previously used as an office/retail store; Rear 2‑story building: 1,904 SF with 2 units (5611 and 5613), each with 2 bedrooms and 1 bath
More about this property
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