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Listed by Vincent Medina • Lotus Property Services, Inc.
$1,750,000
Est. payment /mo
4,370 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,370 sqft
Price per Sqft $400
MLS Listing ID AR-26198782
Year Built 1924
Lot Size 0.302 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Excellent opportunity to acquire a 7-unit multifamily property located along Eagle Rock Boulevard in the desirable Eagle Rock area of Los Angeles. The property offers an attractive combination of established rental income and long-term investment potential in a highly sought-after residential market. A portion of the property is currently rented for commercial use, providing an additional income component alongside the residential units.
Located near neighborhood retail, restaurants, schools, parks, major transportation corridors, and the surrounding communities of Eagle Rock, Highland Park, Glassell Park, and Pasadena. The property's location provides convenient access to major employment centers throughout Northeast Los Angeles and the San Gabriel Valley.
A compelling opportunity for investors seeking a stabilized multifamily asset with existing cash flow and potential for future rental and operational upside. Buyer to independently verify all property information, rental income, expenses, zoning, unit count, square footage, and applicable rental regulations.
Located near neighborhood retail, restaurants, schools, parks, major transportation corridors, and the surrounding communities of Eagle Rock, Highland Park, Glassell Park, and Pasadena. The property's location provides convenient access to major employment centers throughout Northeast Los Angeles and the San Gabriel Valley.
A compelling opportunity for investors seeking a stabilized multifamily asset with existing cash flow and potential for future rental and operational upside. Buyer to independently verify all property information, rental income, expenses, zoning, unit count, square footage, and applicable rental regulations.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Interior
Heating Floor Furnace
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Connected, Electricity Connected
Building
Lot Description Corner Lot, 0-1 Unit/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900