545 Eastmont Avenue,Los Angeles, CA 90022
Los Angeles, CA 90022
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.
Details
| MLS # | PW26048383 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 222 |
| Listing Provided By | Justin White | Justin White |
Features
| SQ Feet | 3,922 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 2 |
| Acreage | 0.15 |
Exterior
| Lot Features | Lawn, Street Level |
|---|
Parking
| Parking Features | Door Multi, Garage |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | 699 Not Defined |
| Listing VS Median (in 90022) | |
Price: $1,000,000 low | high Med: $995,000 sqft: 3,922 low | high Med: 2,340 $ / sqft: $255 low | high Med: $425 On site: 222 low | high Med: 131 | |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | 699 Not Defined |
| Listing VS Median (in 90022) | |
Price: $1,000,000 low | high Med: $995,000 sqft: 3,922 low | high Med: 2,340 $ / sqft: $255 low | high Med: $425 On site: 222 low | high Med: 131 | |
 | $1,030,000666 HoefnerEast Los Angeles, CA 90022 |