$ 2,395,000
4361 Eagle Rock BLVD Los Angeles, CA 90041
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$ 2,395,000
Est. payment /mo
Pending
4361 Eagle Rock BLVD Los Angeles, CA 90041
0.46 Acres Lot
UPDATED:
11/04/2024 09:45 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PW24213738
HOA Y/N No
Year Built 1947
Lot Size 0.459 Acres
Property Description
4361 Eagle Rock Boulevard is a mixed-use asset in Los Angeles, California. This property boasts a streetfront commercial building with four suites and three single-family homes and an ADU in the rear. The asset is well-located along a thoroughfare that benefits the commercial space and within easy walking walking distance of Occidental College, Starbucks, Target, and other popular retailers.
Two of the homes have two bedrooms and one bath, one of the homes has three bedrooms and one bath, and the ADU is a one-bedroom/one-bath unit. Each home features surface parking, and the commercial building features six parking spaces.
The commercial building sees strong traffic volume along Eagle Rock Boulevard: over 42,000 vehicles per day drive in front of the property. Additionally, the multifamily units may benefit from a strong tenant base: the average household income within one mile is over $128,000 per year.
The multifamily units’ current rents offer a new investor 39 percent rental upside. This is an ideal repositioning or redevelopment opportunity full of potential.
Two of the homes have two bedrooms and one bath, one of the homes has three bedrooms and one bath, and the ADU is a one-bedroom/one-bath unit. Each home features surface parking, and the commercial building features six parking spaces.
The commercial building sees strong traffic volume along Eagle Rock Boulevard: over 42,000 vehicles per day drive in front of the property. Additionally, the multifamily units may benefit from a strong tenant base: the average household income within one mile is over $128,000 per year.
The multifamily units’ current rents offer a new investor 39 percent rental upside. This is an ideal repositioning or redevelopment opportunity full of potential.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Zoning LAC2
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Urban
Total Parking Spaces 10
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5473026011
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com