5609 E Beverly Boulevard, East Los Angeles, California 90022, East Los Angeles, 90022 - 0 bed, 0 bath
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East Los Angeles, California 90022
This Versatile Residential Income Triplex is strategically priced at $1,000,000, aligning perfectly with its $1,000,000 Fair Market Value. Featuring a Condition Rating of 4, the property offers a well-maintained 1962 build with significant value-add potential. The layout includes a 1,204 SF front retail/office unit and two rear residential units, featuring separate utility meters, gated car parking, and rear alley access. With market rents reaching $2.00/SF for commercial space, this asset provides stable cash flow and conversion upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5609 E Beverly Boulevard Subject | $1,000,000* List Price | 0 | 0 | 3,110 | $322 | - |
A 666 Hoefner Active | $1,030,000 List Price | 0 | 0 | 3,414 | $302 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this triplex is well-maintained but clearly aged with mostly original or older updates. The kitchens and bathrooms feature dated cabinetry, laminate countertops, and older appliances. While the property is functional and move-in ready for tenants, it lacks modern aesthetic finishes, contemporary light fixtures, or recent comprehensive renovations, consistent with a property maintained through regular upkeep rather than modernization.
Situated on a major thoroughfare in East Los Angeles with immediate access to the 60, 710, 5, and 10 freeways, providing exceptional connectivity for both residential tenants and commercial use.
The property features a flexible triplex layout with separate gas and electric meters, including a front unit suitable for retail, office, or residential conversion, allowing for diversified revenue streams.
The inclusion of gated car parking with rear alley access is a premium feature in this high-density area, significantly increasing tenant desirability and property security.
The front unit's potential conversion back to residential use requires planning department verification, which may involve bureaucratic hurdles or unexpected costs for the buyer.
Built in 1962, the property may require modernization or capital expenditures to address deferred maintenance and to achieve the top-of-market rental rates mentioned in the listing.
Three units located at the downtown East Los Angeles major street Beverly Blvd, easy freeway access to Fwy 60, and quickly connect to Fwy 710, 5 and 10. The front unit is 5609, The residential units in rear are 5611 and 5613, there are three(3) electric and three(3) gas meters. Front unit is approx. 1204 Sf. has multi rooms and 2 baths, used to be an office / retail store (might be back to residential use, check with the planning department). The back 2 story building has 1904 Sf., 2units, each has 2 bedrooms and 1 bath. The reference market rental rate for the commercial is $1.5-$2.0/Sf.; 2bedrooms residential rental is approx. $2000/mo. Buyer shall do their own investigation and satisfy themselves. All info. input to MLS is deemed reliable but not guaranteed. Note, rear alley access to the back yard, gated car parking. Great opportunity for owner use or investment, don't miss out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,110 | 1,892.5 | 93% |
| Lot Size | 5,025 | 6,252 | 29% |
| Price | $1.00M | $759.0K | 93% |
| Price per sq ft | $322 | $411 | 14% |
| Built year | 1962 | 1929 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 239 | 21% |
Nov 10, 2025
$1,000,000
Initial Listing