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$2,310,000
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Property Description
Investor's Dream in Prime Location - Fully Occupied 14-Unit Multifamily Complex. Don't miss this exceptional opportunity to own a 14-unit apartment complex about 15 minutes from Downtown Los Angeles! Situated on a generous 13,563 sq ft lot, this income-producing property offers immediate cash flow with 100% occupancy and strong rental upside. Each unit features 2 bedrooms and 1 bathroom, with separate electric and gas meters for tenant convenience and operational efficiency. The property includes 14 individual on-site parking spaces, a rare and valuable amenity in the area. Additional features include on-site owned laundry facilities and a dedicated storage room-both increasing tenant satisfaction and revenue potential. Four of the units have been fully remodeled, offering modern finishes and increasing market appeal. The property is ideally located near major freeways, public transportation, shops, restaurants, and schools-making it highly desirable for tenants. Whether you're expanding your portfolio or seeking a 1031 exchange opportunity, this property checks all the boxes for long-term value and immediate return.
Full Property Details
Full Property Details for 2460 N Eastern Ave
General
- Sold For: $2,310,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: IV25122754
- Added to Site: 226 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned, On-Site
- Parking: Assigned, On-Site
Location
- Area: 621 - El Sereno
- County: Los Angeles
- Development Name: 621 - El Sereno
- Driving Directions: Cross Streets: N Eastern Ave & Klamath Place
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 14
- # Electric Meters: 14
Structural Information
- Entry Location: front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 11,570
- Year Built: 1964
Lot Features
- Lot Size (Acres): 0.3114
- Lot Size Source: Assessor
- Zoning: LARD5
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $199.65
- Price Per Unit: 182143
Listed by Keller Williams Riverside Cent, RACHAEL NOL
Sold by CBRE, Inc, Eric Chen
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Schools
Schools serving 2460 N Eastern Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Farmdale Elementary School 2660 Ruth Swiggett Drive, Los Angeles, CA 90032 | K-5 | 0.2 mi |
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032 | 6-8 | 0.3 mi |
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032 | 9-12 | 0.5 mi |
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2460 N Eastern Ave
Date
Details
Price
Change
Source
8/26/2025
Sold
$2,310,000
-9.41%
MLS
6/03/2025
Listed
$2,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2460 N Eastern Avenue, Los Angeles, CA 90032 (MLS# IV25122754) is a Multi-Family property that was sold at $2,310,000 on August 26, 2025. Want to learn more about 2460 N Eastern Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

