2057 N Eastern, Los Angeles, California 90032, Los Angeles, 90032 - 5 bed, 3 bath
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Los Angeles, California 90032
This Turnkey Dual-Unit Residential Income Property is listed at $1,150,000, representing a stable acquisition at its $1,129,900 Fair Market Value. Boasting a Condition Rating of 2, the property features a 3-bedroom front unit and a 2-bedroom rear unit, both fully updated with modern kitchens, shaker cabinets, and stone countertops. Situated within the Los Angeles Unified district near California State University, Los Angeles, the location ensures consistent rental demand and easy commuting. This versatile duplex is an ideal match for Owner-Occupant Investors or Multi-Generational Families seeking a high-quality, income-producing home.
Property is new construction or fully renovated.
The property is a fully remodeled duplex featuring modern kitchens with shaker cabinets, stone countertops, and stainless steel appliances. The interior shows new laminate flooring, recessed lighting, and updated windows throughout, indicating a comprehensive renovation within the last 5 years.
The property features two completely updated units, providing a turnkey investment that eliminates the need for immediate renovation costs and appeals to high-quality tenants.
Proximity to California State University, Los Angeles, and Downtown LA ensures high rental demand and makes it an ideal location for commuters and students alike.
The duplex configuration allows for a 'house-hacking' strategy where an owner can live in the spacious 3-bedroom front unit while the rear unit subsidizes the mortgage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The listing price of $1.15M represents a substantial increase from its $830,000 sale price in late 2023, which may challenge appraisal values or investor cap rate expectations.
Despite being located in the hilly El Sereno area, the property offers no views, which may be a competitive disadvantage compared to other hillside properties in the same zip code.
Excellent Investment Opportunity in El Sereno! Fully remodeled duplex featuring two units on one lot. The front unit offers 3 bedrooms and 2 bathrooms, while the rear unit includes 2 bedrooms and 1 bathroom, each with its own kitchen—ideal for multi-generational living or rental income. The property provides ample parking and a functional layout for both owner-occupants and investors. Conveniently located near California State University, Los Angeles, with easy access to major freeways and just minutes from Downtown Los Angeles, making commuting simple and efficient. Perfect opportunity to live in one unit and rent out the other, or add a strong income-producing property to your portfolio. High rental demand area with great long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,142 | 1,615 | 83% |
| Lot Size | 7,003 | 6,654.5 | 50% |
| Price | $1.15M | $722.5K | 83% |
| Price per sq ft | $537 | $481 | 50% |
| Built year | 1948 | 1938 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 193 | 17% |
Apr 30, 2026
$1,150,000
Initial Listing
Oct 23, 2023
$830,000
Public Record