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474 S Eastern Ave
East Los Angeles, CA 90022 East Los Angeles

$1,475,000 USD

Multifamily For Sale • 1,933 SF

Property Details

Property Type Multifamily
Total Building Size 3,433 SF
Lot Size 0.14 AC
Year Built 1923
Cap Rate 7.20 %
Zoning LCR4YY

60 Transit Score

60 Walk Score

                
                    Highlights
                
                                Strong current cap rate of 7.20% based on actual 2025 operating performance — well above the Los Angeles metro average of 5.6%
                            
                                Landlord expense structure is exceptionally lean: only utilities and property taxes are owner responsibility.
                            
                                Proximity to East Los Angeles College, Cal State LA, and USC Health Sciences Campus drives sustained renter demand.

Property Flyers

474–476 S. Eastern OM

Financial Summary (Proforma)

Net Operating Income: $104,695 USD (2026)

Cap Rate:	7.20 %
Total Expenses:	$18,995 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	3.7 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.7 mi
Transit/Subway	Drive	Walk	Distance
East LA Civic Center (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	26 min	-	18.1 mi
Bob Hope	30 min	-	21.5 mi
Los Angeles International	31 min	-	23.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Karl Markarian 818-433-0548 eXp Commercial

474 S Eastern Ave East Los Angeles, CA 90022 East Los Angeles