2333 Eastlake Ave, Los Angeles, CA, 90031
About This Home
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1902
Type & Style
- Home type: MultiFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Convection Oven
- Laundry features: Inside
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 6
Features
- Common walls with other units/homes: 2+ Common Walls
Interior Area
- Total structure area: 3,531
- Total interior livable area: 3,531 sqft
Property
Details
- Parcel number: 5208005002
- Attached to another structure: Yes
- Special condition: Standard,Trust
Features
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 8,243 sqft
Parking
- Parking features: One Space
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,511 | $66,132 |
| Home Insurance * | $187 | $2,244 |
| Property Taxes | $1,152 | $13,824 |
| Electricity | $757 | $9,086 |
| Total | $7,607 | $91,284 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $1,090,000 |
| 2025-05-24 | Listing removed | $878,888 |
| 2024-07-29 | Listed for sale | $878,888 |
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