Triplex Residential Income
622 Eastmont Los Angeles, CA 90022
For Sale
Contact for pricing
Triplex with a 1927 front home and two rear units, each configured as 3-bedroom, 2-bath residences.
Property Size3,011 SF
Lot Size0.12 Acres
Price / SF$448.02
Days on Market20
Property Features for 622 Eastmont
General Information
- Standard status
- Active
- Size
- 3,011 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Listing Agency:
Excellence RE Real Estate
(562) 862-1161
Listed By:
Sergio Paz · License #01795025
Source:
Crexi
Added: Jul 4
Changed: Jul 23
Last Checked: Jul 23 at 4:50PM
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 Excellence RE Real Estate
Investment Insights
Based on property information with market context.
This triplex offers three residential units in a stacked neighborhood layout, including a front house and two units in the back building. The front house features 3 bedrooms and 2 bathrooms and was built in 1927. The back building includes two separate units, each with 3 bedrooms and 2 bathrooms. The property is described as built in 2024 to help minimize future maintenance expenses, with no rent control noted in the remarks.
The offering is conveniently located just minutes from LA Downtown, USC Medical Center, and Cal State LA, with major freeways listed as 101, 10, 60, 5, and 710. The parcel is described as over 5.431 SF and is identified with zoning LAR32YY.
Ownership may suit either an owner-user approach or an investor strategy, as reflected in the provided remarks.
The offering is conveniently located just minutes from LA Downtown, USC Medical Center, and Cal State LA, with major freeways listed as 101, 10, 60, 5, and 710. The parcel is described as over 5.431 SF and is identified with zoning LAR32YY.
Ownership may suit either an owner-user approach or an investor strategy, as reflected in the provided remarks.
Key Highlights
- Triplex layout: front residence plus two rear units, each configured as 3 beds and 2 baths
- Front house features 3 beds and 2 baths; year built 1927
- Two back units each offer 3 beds and 2 baths
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 | $101.2k | $33.60 |
| − Vacancy | −$2.5k | −$0.84 |
| EGI | $98.6k | $32.76 |
| − OpEx | −$29.6k | −$9.83 |
| NOI | $69.0k | $22.93 |
3,011 SF · lease $33.60/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$986.4K
$863.1K – $1.15M
NOI $69,048 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$899.3K
$786.9K – $1.05M
NOI $62,950 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,875 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with a 1927 front home and two rear units, each configured as 3-bedroom, 2-bath residences.
Where is this triplex located?
The property is located at 622 Eastmont Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Triplex layout: front residence plus two rear units, each configured as 3 beds and 2 baths; Front house features 3 beds and 2 baths; year built 1927; Two back units each offer 3 beds and 2 baths
