2333 Eastlake Avenue, Los Angeles, CA 90031
- $1,090,000
- List Price
- $1,090,000
- Status
- ACTIVE
- MLS#
- AR26066754
- Year Built
- 1902
- Lot Size
- 8,243
- Acres
- 0.19
- Days on Market
- 118
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
Discover an investment opportunity in the desirable Lincoln Heights neighborhood of Los Angeles? This huge lot property has been home to long-term, stable tenants, offering consistent occupancy and income. This multi-unit property features a total of 6 units across two separate dwellings with total of 7 bedrooms and 6 bathrooms, offering flexibility and long-term potential upside for savvy investors. With strategic management and thoughtful improvements over time, investors can capitalize overall property value. The property’s setup and location, also make it especially attractive for those looking to implement a long-term investment strategy. The front building is the original which has 3 units, the rear two levels building which was added in the 1950s has 3 units as well. Ideally located near major landmarks and employment hubs, the property is just minutes from LAC+USC Medical Center, Chinatown, and Dodger Stadium, with Downtown Los Angeles nearby. Tenants benefit from convenient access to major freeways, public transportation, dining, shopping, and entertainment.
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Additional Information
- Appliances
- Convection Oven
- Pool Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $55,500
- Operating Expense
- 14100
Listing courtesy of Listing Agent: Samuel Goh (samg9982@gmail.com) from Listing Office: Wetrust Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.