2333 Eastlake Ave, Los Angeles, CA 90031
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2333 Eastlake Ave Los Angeles, CA 90031

$878,888
  • 6 Beds
  • 6 Baths
  • 3,531 Sq.Ft.
For Sale
$878,888 Get Pre-Qualified

Map preview of 2333 Eastlake Ave, Los Angeles, CA 90031

Property Overview: 2333 Eastlake Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,531 living square feet and 8,243 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THIS IS A 6 UNITS INCOME PROPERTY LOCATED IN ONE OF THE MOST DESIRABLE AREA IN LINCOLN HEIGHTS. **TWO SEPARATE DWELLING WITH MIXTURE OF ONE BED/TWO BED AND STUDIO. **FRONT BUILDING HAS TWO 1 BED/BATH UNITS AND A STUDIO. **REAR BUILDING WHICH WAS BUILT IN 1960, HAS TWO 1 BED/BATH AND ONE 2 BED 1 BATH. **THERE IS ALSO A SEPARATE LAUNDRY ROOM FOR ADDITIONAL INCOME AND A SPACIOUS BASEMENT. **PROPERTY IS WELL KEPT WITH SEPARATE ELECTRICITY/GAS METERS. **PROPERTY LOCATED NEAR BROADWAY, CHINA TOWN, DODGERS STADIUM, USC MEDICAL CENTER AND WALKING DISTANCE TO HIGH SCHOOL. **EASY ACCESS TO FREEWAY, STORES ETC. **GREAT INVESTMENT OPPORTUNITY. **DON'T MISS OUT !!!

Listed by Charles Le | BRE #01261943 | Beverly Hills Fabulous Estates Inc.
Last checked: 2 minutes ago | Last updated: September 7th, 2024 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
8,243
HOA Dues
$0/mo
Year built
1902
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24407023
City
Los Angeles
County
Los Angeles
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $715
  • Total Rent: $715
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $590
  • Total Rent: $590
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $765
  • Total Rent: $765
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $635
  • Total Rent: $635
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.33
  • Gross Scheduled Income: --
  • Net Operating Income: $22,077
  • Gross Operating Income: $49,980
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2333 Eastlake Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Uncovered, Parking Space, Driveway, Street
Property Information
  • Total # of Units: 6
  • Parcel Number: 5208005002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: FROM FWY 5 EXIT N BROADWAY, TURN RIGHT TO EASTLAKE AVE
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Sale History for 2333 Eastlake Ave

View property's historical transactions
  • July, 2024

  • Jul 29, 2024

    Date

    Active

    CRMLS: 24407023

    $878,888

    Price

  • August, 2022

  • Aug 15, 2022

    Date

    Canceled

    CRMLS: AR22040179

    $1,080,000

    Price

  • Mar 1, 2022

    Date

    Active

    CRMLS: AR22040179

    $1,123,999

    Price

  • Listing provided courtesy of CRMLS

    This is a 6 units income property located in one of the most desirable area in Lincoln Heights. **Two separate dwelling with mixture of one bed/two bed and studio. **Front building has two 1 bed/bath units and a studio. **Rear building which was built in 1960, has two 1 bed/bath and one 2 bed 1 bath. **There is also a separate laundry room for additional income and a spacious basement. **Property is well kept with separate Electricity/Gas meters. **Property located near Broadway, China Town, Dodgers Stadium, USC Medical Center and walking distance to High School. **Easy access to freeway, stores etc. **Great investment opportunity. **Don't miss out !!!

  • March, 2022

  • Mar 1, 2022

    Date

    Canceled

    CRMLS: AR21260167

    $1,123,000

    Price

  • Dec 6, 2021

    Date

    Active

    CRMLS: AR21260167

    $1,123,000

    Price

  • Listing provided courtesy of CRMLS

    This is a 6 units income property located in one of the most desirable area in Lincoln Heights. **Two separate dwelling with mixture of one bed/two bed and studio. **Front building has two 1 bed/bath units and a studio. **Rear building which was built in 1960, has two 1 bed/bath and one 2 bed 1 bath. **There is also a separate laundry room for additional income and a spacious basement. **Property is well kept with separate Electricity/Gas meters. **Property located near Broadway, China Town, Dodgers Stadium, USC Medical Center and walking distance to High School. **Easy access to freeway, stores etc. **Great investment opportunity. **Don't miss out !!!

  • December, 2021

  • Dec 6, 2021

    Date

    Canceled

    CRMLS: AR21248733

    $1,123,000

    Price

  • Nov 16, 2021

    Date

    Active

    CRMLS: AR21248733

    $1,123,000

    Price

  • Listing provided courtesy of CRMLS

    This is a 6 units income property located in one of the most desirable area in Lincoln Heights. **Two separate dwelling with mixture of one bed/two bed and studio. **Front building has two 1 bed/bath units and a studio. **Rear building which was built in 1960, has two 1 bed/bath and one 2 bed 1 bath. **There is also a separate laundry room for additional income and a spacious basement. **Property is well kept with separate Electricity/Gas meters. **Property located near Broadway, China Town, Dodgers Stadium, USC Medical Center and walking distance to High School. **Easy access to freeway, stores etc. **Great investment opportunity. **Don't miss out !!!

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Tax History for 2333 Eastlake Ave

Assessed Value (2020): $396,113
Year Land Value Improved Value Assessed Value
2020 $216,966 $179,147 $396,113

Home Value Compared to the Market

This property vs the competition

2333 Eastlake Ave is listed 26.76% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $248.91 per/sqft which puts the price per square foot 67.59% lower than the median price per square foot for the city of Los Angeles.

About 2333 Eastlake Ave

Detailed summary of property

2333 Eastlake Ave is a multi family located in Los Angeles, CA 90031 and is currently for sale. This multi family property offers 6 bedrooms, 6 bathrooms, roughly 3,531 living square feet, and sits on an approximately 8,243 square foot lot. 2333 Eastlake Ave was first listed on ArdentRealEstateGroup.com on July 30, 2024. The homeowner is currently asking $878,888. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 26.76% lower than the median priced home. Local competing homes currently for sale include 2641 Pomeroy Ave, 2675 Pomeroy Ave and 2620 Idell St. While the average home in Los Angeles, CA is selling in 106 days, 2333 Eastlake Ave has a days on market of 40 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2333 Eastlake Ave Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2333 Eastlake Ave

Public county record property details
Beds
8
Baths
6
Year built
1902
Sq. Ft.
3,531
Lot Size
8,240
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
5208-005-002

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.