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.
| MLS # | AR26198782 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 56 |
| Listing Provided By | Lotus Property Services, Inc. | Vincent Medina |
| SQ Feet | 4,370 |
|---|---|
| Garage | 2 |
| Story(s) | 1 |
| Units | 7 |
| Building(s) | 2 |
| Acreage | 0.30 |
| Heating | Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Lot Features | Zero To One Unit Acre, Corner Lot |
|---|
| Garage Yes / No | Yes |
|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90065 |
| Area | 618 Eagle Rock |
| Listing VS Median (in 90065) | |
Price: $1,750,000 low | high Med: $1,085,000 sqft: 4,370 low | high Med: 1,593 $ / sqft: $400 low | high Med: $778 On site: 56 low | high Med: 109 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90065 |
| Area | 618 Eagle Rock |
| Listing VS Median (in 90065) | |
Price: $1,750,000 low | high Med: $1,085,000 sqft: 4,370 low | high Med: 1,593 $ / sqft: $400 low | high Med: $778 On site: 56 low | high Med: 109 | |