
Los Angeles, California 90032
Analysis of 2472 N Eastern, Los Angeles, California 90032 is currently available with a list price of $1,699,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1949, this property is over 75 years old. While it is well-maintained with a soft-story retrofit and newer asphalt, the interior updates are limited to 'select' units with vinyl flooring. The overall age and lack of comprehensive kitchen, bath, and system renovations across all units place it in the Fair category.
The property is fully compliant with the Los Angeles Soft-Story Retrofit Ordinance and features a well-maintained lot with newer asphalt paving, significantly reducing immediate capital expenditure risks for investors.
Rare for its vintage, every unit includes private washer and dryer hookups and dedicated garage parking, providing a competitive edge in the rental market and supporting higher tenant retention.
Ideally situated near Cal State LA with easy access to the 710, 10, and 5 freeways, the property attracts a diverse tenant base looking for proximity to Downtown Los Angeles, Pasadena, and Alhambra.
Built in 1949, the property may require more frequent maintenance or future modernization of aging systems such as plumbing and electrical compared to newer construction.
All units, including the three-bedroom residence, feature only one bathroom, which may limit the rental premium and appeal for larger households or roommate configurations.
Discover an excellent seven-unit investment opportunity with strong curb appeal, located at 2472 N. Eastern Avenue in Los Angeles. This property is fully compliant with the Los Angeles Department of Building and Safety Soft-Story Retrofit Ordinance and is situated on a well-maintained 20,215-square-foot lot featuring newer asphalt paving throughout the parking area. The unit mix consists of six two-bedroom, one-bath units and one three-bedroom, one-bath unit. Select residences have been upgraded with modern vinyl plank flooring, and every unit features private washer and dryer hookups. Parking includes a dedicated one-car garage for each two-bedroom unit and a two-car garage for the three-bedroom unit, with additional ample on-site parking available providing 2 parking spaces per unit. Ideally located for commuters and residents alike, the property offers easy access to Downtown Los Angeles, South Pasadena, Pasadena, Alhambra, and Monterey Park, as well as the 710, 10, and 5 freeways. Nearby conveniences include Cal State LA, Costco, Target, and a variety of shopping and dining options. This is a rare, turn-key income-producing opportunity for the discerning investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.3 |
| Square foot | 6,570 | 4,065.4 |
| Lot Size | 20,089 | 6,744.9 |
| Price | $1.70M | $1.13M |
| Price per sq ft | $259 | $262 |
| Built year | 1949 | 1939 |
| HOA | $0 | $907 |
| Days on market | 36 | 110 |
Sep 4, 2026
$1,699,000
$1,780,000
-5% Price Drop
Initial Listing
Aug 4, 2026
$1,780,000
Initial Listing
Apr 15, 2022
$1,800,000
Public Record
Aug 16, 2013
$986,000
Public Record