2408 2410 N Eastern Ave Los Angeles, CA 90032

Don't miss this incredible investment opportunity to purchase two detached two triplexes together with five adjacent vacant land parcels listed under MLS # P1-27046 ( Parcel #5216-007-011, 012, 017, 010 & 022) , all offered as one package for $2,000,000 ! This two triplexes featuring six 1 bedroom & 1 bath units along with six detached single car garages, one assigned parking on driveway to each unit. 2408 N Eastern Ave has one unit is expected to be delivered vacant in July, and the Seller plans to remodel it, adding value and enhancing its rental appeal. 2410 N. Eastern Ave has two units have recently become vacant and have been remodeled. Both two triplexes have separate driveways providing direct access to their garages, with 1.82 acres the vacant land situated immediately behind them. The five adjacent parcels are included in the sale. Of the total purchase price, $400,000. is allocated to the land. The property features a substantial amount of flat and usable land, offering excellent potential for future development of multiple residential buildings etc. ( Buyer to verify all development possibilities with the City of Los Angeles ). Ideally located just minutes from Cal State LA, with convenient walking access to public transportation, elementary and middle schools. A rare opportunity for investors, developers, or owner-users seeking immediate rental income with significant future development potential. Price to sell! The currently occupied units are rented at $1,200 per month, well below market, as the Seller has not increased the rents for many years. Comparable vacant units have an estimated market rental value of approximately $1,700 to $1,800 per month, offering excellent upside rental potential.