For Sale
$4,950,000

7357 Eton Ave Los Angeles, CA 91303

14-Unit Multifamily, Los Angeles

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 14-unit apartment building, constructed in 2010, presents a compelling investment opportunity in Los Angeles, CA. Located at 7357 Eton Avenue, this three-story building boasts 14,026 square feet and offers 14 two-bedroom units, each with two assigned parking spaces in a secured, 28-space on-grade lot. Residents enjoy modern amenities including granite countertops, wood kitchen cabinets, central air conditioning and heating, and in-unit laundry facilities on each floor. A key advantage is the property's exemption from both Los Angeles and statewide rent control. Further enhancing its appeal is a rooftop patio offering stunning views and a comprehensive security camera system. The property sits on a desirable corner lot and enjoys convenient proximity to Warner Center, Topanga Westfield Shopping Mall, and the Village at Topanga. The building is zoned LAR3. The property's APN is 2112-025-028. With a current asking price of $4,950,000, a price per square foot of $352.92, and a price per unit of $353,571.43, this property offers a 3.81% cap rate and a pro-forma cap rate of 5.13%. This is a turnkey investment ready for immediate income generation.

Property Details for 7357 Eton Ave

Property type
Apartment buildings
Square Feet
14,026 SF
Year Built
2010
Buildings
1
Stories
3
Units
14

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.204687443843
Longitude
-118.5958813979

FAQs

What type of property is this?
Apartment building - 14-Unit Multifamily, Los Angeles
Where is the apartment building located?
The property is located at 7357 Eton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,950,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7357 Eton Ave
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