Property Detail

Description

Discover an excellent seven-unit investment opportunity with strong curb appeal, located at 2472 N. Eastern Avenue in Los Angeles. This property is fully compliant with the Los Angeles Department of Building and Safety Soft-Story Retrofit Ordinance and is situated on a well-maintained 20,215-square-foot lot featuring newer asphalt paving throughout the parking area. The unit mix consists of six two-bedroom, one-bath units and one three-bedroom, one-bath unit. Select residences have been upgraded with modern vinyl plank flooring, and every unit features private washer and dryer hookups. Parking includes a dedicated one-car garage for each two-bedroom unit and a two-car garage for the three-bedroom unit, with additional ample on-site parking available providing 2 parking spaces per unit. Ideally located for commuters and residents alike, the property offers easy access to Downtown Los Angeles, South Pasadena, Pasadena, Alhambra, and Monterey Park, as well as the 710, 10, and 5 freeways. Nearby conveniences include Cal State LA, Costco, Target, and a variety of shopping and dining options. This is a rare, turn-key income-producing opportunity for the discerning investor.