Eastern Apartments
$1,475,000
474 South Eastern Avenue, East Los Angeles, CA 90022
3,433 sqft
Building Size
0.1349 acres
Lot Area
Details:
Highlights:
- 3,433 SF building
- 5 units
- Built in 1921, renovated in 2020
- Zoned LCR4YY
- Located in East Los Angeles
- 100% occupancy
Description:
One West Group | eXp Commercial is pleased to present for sale 474–476 S. Eastern Avenue, a five-unit multifamily investment property located in the established East Los Angeles submarket of Los Angeles County. Offered at $1,475,000, the property presents a compelling acquisition opportunity for investors seeking a high-yielding, stabilized asset with immediate value-add upside through lease re-pricing on three month-to-month units.
Strategically positioned in the heart of East Los Angeles, 474 S Eastern Ave benefits from a central, high-demand infill location with strong connectivity and surrounding urban infrastructure. The property sits just south of Whittier Blvd and north of Olympic Blvd, offering immediate access to the 5, 10, and 60 freeways—providing efficient reach to Downtown Los Angeles and key employment hubs across the region.
The surrounding area is a dense, established residential and commercial corridor, supported by nearby retail amenities, healthcare facilities, and educational institutions including East Los Angeles College and Cal State LA.
With proximity to transit options, including the Metro Gold Line, and a consistent tenant base driven by local workforce demand, the location offers long-term stability and growth potential within one of Los Angeles’ most active rental submarkets.
Documents:
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Location
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