Discover an investment opportunity in the desirable Lincoln Heights neighborhood of Los Angeles? This huge lot property has been home to long-term, stable tenants, offering consistent occupancy and income. This multi-unit property features a total of 6 units across two separate dwellings with total of 7 bedrooms and 6 bathrooms, offering flexibility and long-term potential upside for savvy investors. With strategic management and thoughtful improvements over time, investors can capitalize overall property value. The property’s setup and location, also make it especially attractive for those looking to implement a long-term investment strategy.
The front building is the original which has 3 units, the rear two levels building which was added in the 1950s has 3 units as well.
Ideally located near major landmarks and employment hubs, the property is just minutes from LAC+USC Medical Center, Chinatown, and Dodger Stadium, with Downtown Los Angeles nearby. Tenants benefit from convenient access to major freeways, public transportation, dining, shopping, and entertainment.
For sale
Listed by: Wetrust Realty • Samuel Goh • Contact: 626-215-0744
Price cut: $200K (8/20)
$890,000
2333 Eastlake Ave, Los Angeles, CA 90031
7beds
6baths
3,531sqft
Mixed Use
Built in 1902
-- sqft lot
$-- Zestimate®
$252/sqft
$-- HOA
What's special
Two separate dwellingsHuge lot propertyRear two levels building
- 149 days
- 186
- 8
Zillow last checked:
Listing updated:
Listed by:
Samuel Goh DRE #01986716 626-215-0744,
Wetrust Realty
Source: CRMLS,MLS#: AR26066754
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Rooms
- Room types: Basement, Kitchen, Laundry, Living Room
Appliances
- Included: Convection Oven
- Laundry: Inside
Features
- Has basement: Yes
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,531
- Total interior livable area: 3,531 sqft
Property
Parking
- Parking features: One Space
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 8,243 Square Feet
Details
- Parcel number: 5208005002
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1902
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $1,149,642
- Date on market: 4/2/2026
- Cumulative days on market: 149 days
- Listing terms: Cash to New Loan,1031 Exchange
- Tenant pays: Electricity, Gas, Trash Collection
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$4,821/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Price change | $890,000-18.3%$252/sqft |
Source:  CRMLS #AR26066754 Report a problem | ||
| 4/2/2026 | Listed for sale | $1,090,000+24%$309/sqft |
Source: CRMLS #AR26066754 Report a problem | ||
| 5/24/2025 | Listing removed | $878,888$249/sqft |
Source:  CLAW #24-407023 Report a problem | ||
| 7/29/2024 | Listed for sale | $878,888$249/sqft |
Source: CLAW #24-407023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,149,642 +2% |
| 2025 | $14,449 +136% | $1,127,100 +165.4% |
| 2024 | $6,122 +1.7% | $424,709 +2% |
| 2023 | $6,021 +4.2% | $416,382 +2% |
| 2022 | $5,777 +1.4% | $408,219 +2% |
| 2021 | $5,696 -0.8% | $400,215 +1% |
| 2020 | $5,741 | $396,113 +2% |
| 2019 | $5,741 +6.3% | $388,347 +2% |
| 2018 | $5,400 | $380,734 +2% |
| 2017 | $5,400 +2.9% | $373,269 +2% |
| 2016 | $5,250 +2.8% | $365,951 +1.5% |
| 2015 | $5,105 +0.2% | $360,455 +2% |
| 2014 | $5,096 | $353,395 +2.5% |
| 2012 | -- | $344,902 +2.5% |
| 2009 | -- | $336,412 +4% |
| 2007 | -- | $323,350 +2% |
| 2006 | -- | $317,011 |
| 2005 | -- | $317,011 +4% |
| 2004 | -- | $304,703 +1.9% |
| 2003 | -- | $299,120 +2% |
| 2002 | -- | $293,256 +4% |
| 2000 | -- | $281,871 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lincoln Heights
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