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Listed by Samuel Goh, DRE #01986716 • Wetrust Realty
$ 890,000
Est. payment /mo
Price Dropped by $200K
2333 Eastlake AVE Los Angeles, CA 90031
8,243 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26066754
Year Built 1902
Lot Size 8,243 Sqft
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Rooms
Kitchen Other
Interior
Laundry Other
Exterior
Parking Features Parking Area
Pool None
View None
Building
Water District - Public
Others
Tax ID 5208005002
Special Listing Condition Not Applicable
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