Los Angeles, CA 90041,4361 Eagle Rock BLVD
Los Angeles, CA 90041,4361 Eagle Rock BLVD
Los Angeles, CA 90041,4361 Eagle Rock BLVD
9
$2,100,000
$2,395,000
12.3%
Est.Price: ?

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0.46 Acres Lot

4361 Eagle Rock BLVD Los Angeles, CA 90041

Est. payment /mo
SOLD DATE : 12/16/2024

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Key Details

Sold Price $2,100,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24213738

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.

Location

State CA

County Los Angeles

Area 618 - Eagle Rock

Zoning LAC2

Interior

Laundry None

Exterior

Pool None

Community Features Urban

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker • steve.bogoyevac@marcusmillichap.com
Bought with Raz Zadorian • Rockwell Properties

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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