Sold

4233 Eagle Rock Boulevard

Los Angeles CA, 90065

$3,600,000


$270.84 per sqft

Sold

13,292 sqft

Commercial

Built in 1962

Listed by Krikor Garabedian with Keller Williams R. E. Services 818-432-3200

We are pleased to present a 20-unit apartment building located near the border of the Eagle Rock and Glassell Park neighborhoods in Los Angeles, California.

This property is conveniently located directly adjacent to a large stand-alone Target Store on Eagle Rock Boulevard just south of York Boulevard. Adjacent to the east is The Perch Apartments, a newly built 59-unit modern apartment building with ground-floor retail. The York Boulevard exit ramp is a major on and off-ramp from the Glendale 2-Freeway and helps provide quick access to all major local freeway systems including the 110 Downtown/LA Freeway, the Pasadena 134 Freeway, and the Interstate 5- Freeway.

The property consists of 20 units plus an office space. The unit mix is as follows: 4 two-bedroom one-bath, 14 one-bedroom one-bath, 1 two-bedroom two-bath, a guest quarters unit, and an office suite. Both the guest quarters and office suite are not allowed to be rented as conforming residential units, and as such no rental income has been applied to the gross income figures. As a value-added measure, an investor may choose to convert these units into ADUs for additional income if the city permits.

At a list price of $200,000 per unit, this property is one of the lowest-priced per-unit properties in the Eagle Rock/Glassell Park submarkets.

GD22252684

MLS ID

December 7, 2022

Listed

March 23, 2024

Updated

Map

4233 Eagle Rock Boulevard
Los Angeles CA, 90065

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

16-20 Units/Acre

Other Property Details

Area Name

618 - Eagle Rock


Days on Market

60


Garage

No


Parking Total

20


View

No


County

Los Angeles


Water Source

Public


Pool

No


Zoning

C2


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

5/18/2023

Sold

$3,600,000

Listing Contact: 818-432-3200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:16 AM UTC

 

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