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.
Property Details
Price:
$2,550,000
MLS #:
IV25122754
Status:
Active
Baths:
0
Address:
2460 N Eastern Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
621elsereno
City:
Los Angeles
Listed Date:
Jun 3, 2025
State:
CA
ZIP:
90032
Lot Size:
13,563 sqft / 0.31 acres (approx)
Year Built:
1964
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Schools
Interior
Fireplace Features
None
Exterior
Community Features
Street Lights
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Features
Assigned, On Site
Parking Spots
14.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Sewer Available, Water Available
Map
Community
- Address2460 N Eastern Avenue Los Angeles CA
- Area621 – El Sereno
- CityLos Angeles
- CountyLos Angeles
- Zip Code90032
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2460 N Eastern Avenue
Los Angeles, CA
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