$1,475,000

474 S Eastern Ave Los Angeles, CA 90022

Estimated payment $8,723/month

Total Views 2,144
10 Beds
9 Baths
3,433 Sq Ft
$430 Price per Sq Ft

About This Home

474 S. Eastern Avenue is a multi-unit residential property located in East Los Angeles, consisting of five bungalow-style units totaling approximately 3,433 square feet on a 5,700 square foot lot. The property offers a functional layout with individual units providing separation and privacy.The property is currently tenant-occupied and generating rental income, with a mix of tenancy structures. Improvements have been made over time, contributing to the overall maintenance of the asset.Conveniently situated along Eastern Avenue, the property provides access to major transportation corridors, public transit options including nearby Metro lines, and a variety of local amenities. The surrounding area is characterized by a strong rental base and established residential community.Buyer to independently verify all information including, but not limited to, square footage, lot size, permits, zoning, income, expenses, and condition of the property.

Listing Agent

Karl Markarian

Exp Commercial of California, Inc. License #01932970 Listed on: 04/07/2026

Exp Commercial of California, Inc.

Co-Listing Agent

hutch manoukian

eXp Realty of Greater Los Angeles License #01958167

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 5,703 Sq Ft Lot
  • Property is zoned LCR4YY

Interior Spaces

  • 3,433 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5236-023-008

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

5,703 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3433
  • Lot Acreage: 0.1309
  • Probate: No
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 10
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 429.65

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 47.90
  • Assessed Improvement Value: 356923
  • Assessed Land Percent: 52.1
  • Assessed Land Value: 388242
  • Total Assessed Value: 745165
  • Assessor Parcel Number: 5236-023-008
  • Lot Size Area: 5703

Rental Info

  • Land Lease Type: Fee
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.00
  • Number Of Units: 5
  • Type Of Units: Income

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $10,832 $745,165 $388,242 $356,923
2024 $10,832 $730,555 $380,630 $349,925
2023 $7,347 $520,331 $373,167 $147,164
2022 $7,019 $510,129 $365,850 $144,279
2021 $6,937 $500,127 $358,677 $141,450
2020 $6,987 $495,000 $355,000 $140,000
2019 $8,856 $668,974 $416,758 $252,216
2018 $8,702 $655,858 $408,587 $247,271
2017 $10 $642,999 $400,576 $242,423
2016 $8,340 $630,392 $392,722 $237,670
2015 $8,213 $620,923 $386,823 $234,100
2014 $8,211 $608,761 $379,246 $229,515
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2026 04/07/26 For Sale $1,475,000 +231.5% $430 / Sq Ft
12/23/2019 12/23/19 Sold $445,000 -10.9% $230 / Sq Ft View Prior Sale
07/18/2019 07/18/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $499,450 -- $258 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $41,000 Stewart Title Company Of Ca
Interfamily Deed Transfer -- None Available
Gift Deed -- American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26675093

The MLS

APN: 5236-023-008

California Los Angeles County Los Angeles 90022

474 S Eastern Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Karl Markarian
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Karl Markarian
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Exp Commercial of California, Inc.
(818) 433-0548
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