Seller's Agent in 2025
Rachael Nol
KELLER WILLIAMS RIVERSIDE CENT
(951) 848-5188
1 in this area
165 Total Sales
2460 N Eastern Ave Los Angeles, CA 90032
El Sereno Neighborhood
20
Beds
10
Baths
11,570
Sq Ft
0.31
Acres
Highlights
- 0.31 Acre Lot
- Corner Lot
- Laundry Room
- Abraham Lincoln High School Rated A-
- No HOA
About This Home
As of August 2025Investor’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.
Last Agent to Sell the Property
KELLER WILLIAMS RIVERSIDE CENT Brokerage Phone: 951-848-5188 License #01963611 Listed on: 06/03/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.31 Acre Lot
- Two or More Common Walls
- Corner Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,570 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 20 Bedrooms
- 10 Bathrooms
Parking
- 8 Open Parking Spaces
- 14 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 24381
- Assessor Parcel Number 5216008018
- $2,140 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 14 Units
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- Rent Control
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $3,749
- Insurance Expense $4,286
- Maintenance Expense $6,100
- Pest Control $600
- Trash Expense $6,988
- Water Sewer Expense $16,938
- New Taxes Expense $22,219
- Operating Expense $62,374
- Gross Income $223,765
- Net Operating Income $161,391
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Sold | $2,310,000 | -9.4% | $200 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $2,550,000 | -- | $220 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $22,626 | $1,741,684 | $568,711 | $1,172,973 |
| 2024 | $22,626 | $1,707,534 | $557,560 | $1,149,974 |
| 2023 | $22,219 | $1,674,054 | $546,628 | $1,127,426 |
| 2022 | $21,252 | $1,641,230 | $535,910 | $1,105,320 |
| 2021 | $20,946 | $1,609,050 | $525,402 | $1,083,648 |
| 2019 | $20,359 | $1,561,326 | $509,819 | $1,051,507 |
| 2018 | $20,057 | $1,530,713 | $499,823 | $1,030,890 |
| 2016 | $19,062 | $1,471,275 | $480,415 | $990,860 |
| 2015 | $18,802 | $1,449,176 | $473,199 | $975,977 |
| 2014 | $18,946 | $1,420,789 | $463,930 | $956,859 |
Source: Public Records
Agents Affiliated with this Home
-
Rachael Nol
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
3 in this area
6,285 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25122754
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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