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Josh Canova

josh.canova@evrealestate.com +1(858) 361-7010

$ 1,099,999

Est. payment -/mo

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Price Dropped by $75K

545 Eastmont AVE Los Angeles, CA 90022

6,351 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26048383

HOA Y/N No

Year Built 1929

Lot Size 6,351 Sqft

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Suburban

Utilities Available Water Available

Total Parking Spaces 12

Private Pool No

Building

Lot Description Lawn, Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6341017030

Energy Description 1.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Justin White Justin White 714.231.2537, DRE #01267826

NEARBY SCHOOLS & PROPERTIES

Josh Canova

Advisor | License ID: C135485

+1(858) 361-7010

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