2460 N Eastern AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90032
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25122754
HOA Y/N No
Year Built 1964
Lot Size 0.311 Acres
Property Sub-Type Apartment
Property Description
Investor's Dream in Prime Location – Fully Occupied 14-Unit Multifamily Complex. Don't miss this exceptional opportunity to own a 14-unit apartment complex about 15 minutes from Downtown Los Angeles! Situated on a generous 13,563 sq ft lot, this income-producing property offers immediate cash flow with 100% occupancy and strong rental upside. Each unit features 2 bedrooms and 1 bathroom, with separate electric and gas meters for tenant convenience and operational efficiency. The property includes 14 individual on-site parking spaces, a rare and valuable amenity in the area. Additional features include on-site owned laundry facilities and a dedicated storage room—both increasing tenant satisfaction and revenue potential. Four of the units have been fully remodeled, offering modern finishes and increasing market appeal. The property is ideally located near major freeways, public transportation, shops, restaurants, and schools—making it highly desirable for tenants. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this property checks all the boxes for long-term value and immediate return.
Location
State CA
County Los Angeles
Area 621 - El Sereno
Zoning LARD5
Interior
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned,On Site
Carport Spaces 6
Pool None
Community Features Street Lights
Utilities Available Electricity Available,Sewer Available,Water Available
Total Parking Spaces 14
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5216008018
Energy Description 3749.0
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard