545 Eastmont Ave - Apartments FOR SALE


East Los Angeles, CA 90022
$1,175,000 USD
562-269-4844
545 Eastmont Ave, East Los Angeles, CA for Sale
$1,175,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

545 Eastmont Ave
East Los Angeles, CA 90022


HIGHLIGHTS

  • DESIRED UNIT MIX
  • ON-SITE PARKING
  • CENTRAL LOCATION
  • INCOME UPSIDE
  • STRONG RENTAL DEMAND
  • PROXIMITY TO DTLA

OVERVIEW

545 Eastmont Ave is a 6-unit apartment building in East Los Angeles, constructed in 1929. The property offers 3,922 rentable square feet on a 6,350 square foot lot. It features a total of (4) one bedroom units and (2) studio units. Located near major thoroughfares like Whittier Boulevard and Atlantic Boulevard, the property is at the heart of East LA, a community known for its rich cultural identity and strong neighborhood ties. The area offers a mix of local retail, schools, public transportation, and amenities, contributing to long-term tenant demand. With easy access to the 60, 5, and 710 freeways, the property is well-connected to Downtown LA, Commerce, Monterey Park, and surrounding cities, making it appealing to commuters. This strategic location supports consistent rental demand and convenient access to nearby employment hubs. The property features a total of (4) one bedroom units and (2) studio units. Studios and one bedroom units are often easier to rent out than larger units, making them less likely to experience vacancy periods. Additionally, they are typically less expensive to maintain and can be a more affordable option for tenants, making them a popular choice in certain markets. 545 Eastmont Ave offers a compelling investment opportunity in a centrally located, supply-constrained market. Its accessibility, strong community presence, and diverse tenant appeal position it for stable income and long-term growth potential.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$301 USD /SF

# OF UNITS

6

PRICE/UNIT

$195,833

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,350 SF

ZONING

LCR3YY

APN/PARCEL ID

6341-017-030,6341-017-031

ASK ABOUT THIS PROPERTY

Spencer AllenCentennial AdvisersMore Info
562-269-4844

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Spencer AllenCentennial AdvisersMore Info
562-269-4844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.