708 S Eastern Avenue Los Angeles, CA 90022
Duplex offers two 2BD/1BA units with separate electric meters and on-site parking, with one unit ready to move in.
Property Features for 708 S Eastern Avenue
General Information
- Standard status
- Active
- Size
- 1,448 SF
- Lot size
- 0.13 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1902
Listing office BERKSHIRE HATH HM SVCS CA PROP (626) 488-8907
Listing date Feb 28, 2026
Source Exitrealty
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Investment Insights
Based on property information with market context.
Located in East Los Angeles (90022), the property sits on a 5,753 square foot lot. The setup supports independent utility metering and practical day-to-day living for two households, along with parking on site.
For buyers seeking a residential income property, this duplex structure offers two units in a straightforward configuration with separate electric service. With the back unit currently vacant and move-in ready, an owner can address occupancy needs without waiting for an interior turnover, while the front unit continues to provide income from an existing tenant.
Key Highlights
- Duplex built in 1902 with two 2BD/1BA units on a 5,753 sq ft lot in East Los Angeles (90022).
- Each unit has its own separate electric meter.
- On‑site parking available for residents.
Local 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 | $48.7k | $33.60 |
| − Vacancy | −$1.2k | −$0.84 |
| EGI | $47.4k | $32.76 |
| − OpEx | −$14.2k | −$9.83 |
| NOI | $33.2k | $22.93 |
