622 Eastmont, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90022
This Triplex Residential Income Asset is a Strong Value Opportunity, listed at $1,349,000—positioned well below the $1,248,240 Fair Market Value by -8%. Featuring a 2024 construction for the rear units and a Condition Rating of 2, this property offers modern, low-maintenance living with Rent Control Exemption benefits. The inclusion of a private deck and proximity to major medical and educational hubs ensures consistent demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack in a high-growth Los Angeles location.
Property is new construction or fully renovated.
The property features two brand-new units built in 2024 and a front house that has undergone a modern renovation within the last 5 years. Interior photos show updated shaker cabinets, stainless steel appliances, and contemporary bathroom finishes. The presence of a new HVAC condenser and the 2024 construction for the majority of the square footage meets the criteria for excellent condition.
The rear building features two units built in 2024, offering modern construction standards that minimize immediate capital expenditures and future maintenance costs.
Due to the 2024 completion date of the rear units, the property likely benefits from exemptions to local rent control ordinances, allowing for market-rate rental adjustments.
The property is strategically located near major employment and education hubs, including USC Medical Center, Cal State LA, and Downtown Los Angeles, ensuring a consistent tenant pool.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3011, other record living area = 1982.
Housing three large 3-bedroom units on a 5,431 sqft lot results in limited outdoor space and potentially constrained parking for a high-occupancy triplex.
The 1927 front house may require more frequent repairs and upgrades compared to the 2024 rear units, creating an inconsistent maintenance profile for the investor.
WELCOME! GREAT INVESTMENT. Ideal for an Owner-user or an Investor. To Live in one and rent the others. Spacious TRIPLEX over approximate 3.011 Sf. Building. Front house features 3 beds and 2 baths year built 1927 Well maintained. Back building features TWO UNITS 3 beds and 2 baths each one. Over 5.431 Sf. lot, zoning LAR32YY. Built in 2024 helping minimize future maintenance expenses and with no Rent Control. Conveniently located just minutes from LA Downtown, USC Medical Center, Cal State LA. and major freeways 101, 10, 60, 5 and 710.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,011 | 2,250 |
| Lot Size | 5,431 | 5,864 |
| Price | $1.35M | $826.7K |
| Price per sq ft | $448 | $395 |
| Built year | 1927 | 1925 |
| HOA | $0 | $0 |
| Days on market | 17 | 83 |
Jul 5, 2026
$1,349,000
Initial Listing
Aug 12, 2019
$660,000
Public Record