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459 Eastmont Avenue, East Los Angeles, California 90022, East Los Angeles, 90022 - bed, bath

459 Eastmont Avenue, East Los Angeles, California 90022 home-pic-0
ACTIVE$859,900
459 Eastmont Avenue, East Los Angeles, California 90022
0Bed
0Bath
1,800Sqft
4,425Lot
Year Built
1923
Close
-
List price
$860K
Original List price
$870K
Price/Sqft
$478
HOA
-
Days on market
-
Sold On
-
MLS number
PF25099440
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $859.9K(61th), sqft - 1800(44th), beds - undefined(50th), baths - undefined(50th).

PRICE REDUCED!!! What an opportunity to own a Triplex in North East LA – Great Income Property! Location, Location, Location! Seller is Motivated! Awesome investment opportunity in East LA that borders Montebello! This triplex includes two front units, each with 2 bedrooms and 1 bathroom, plus a separate 3 bed, 1 bath house in the back. All units are well laid out and offer great rental potential. The back house has a newer roof and updated plumbing (done about 5 years ago), and the front units features newer water heaters and newer plumbing as well — a big plus for peace of mind and lower maintenance costs. Located in a super convenient spot — close to freeways, shopping, dining, and just a short drive to Downtown LA. Whether you're looking to live in one unit and rent the others, or add a solid income property to your portfolio, this one’s worth a look!

Price History

Date
Event
Price
09/06/25
Price Change
$859,900
05/08/25
Listing
$869,900
Condition Rating
Fair
Built in 1923, this triplex is over 100 years old. While the description notes recent updates (approx. 5 years ago) to the roof and plumbing in the back house, and newer water heaters and plumbing in the front units, these are functional system updates rather than comprehensive cosmetic renovations. The exterior images reveal a very dated appearance with faded paint, old awnings, and a cracked driveway, indicating significant deferred cosmetic maintenance. Without interior images, it's highly probable that kitchens, bathrooms, and other interior finishes are original or very outdated, requiring substantial renovation to meet modern standards. The property is functional due to the recent system updates, but cosmetically it shows its age and requires significant updates and repairs to improve its overall quality and appeal, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Income-Generating Triplex: A dedicated triplex offering multiple rental units (two 2B/1B, one 3B/1B), providing a strong income stream and excellent investment potential.
Strategic & Convenient Location: Situated in a highly accessible East LA location bordering Montebello, with close proximity to freeways, shopping, dining, and a short commute to Downtown LA, enhancing rental demand.
Recent Major System Upgrades: Significant capital improvements including newer roofs, updated plumbing, and newer water heaters across units, reducing immediate maintenance costs and offering peace of mind for the buyer.
Seller Motivation & Price Adjustment: The recent price reduction and explicit seller motivation indicate a potential opportunity for a favorable acquisition and negotiation.
Flexible Investment/Occupancy: Offers versatility for buyers, allowing for owner-occupancy in one unit while renting out the others, or serving as a pure income-producing asset for an investment portfolio.

Cons

Age of Property & Potential for Unseen Issues: Built in 1923, the property's age, despite some recent updates, may imply underlying structural or system issues not explicitly mentioned, potentially requiring future capital expenditures.
Unspecified Interior Condition/Amenities: The description lacks details on the interior condition, finishes, or modern amenities (e.g., updated kitchens/baths, AC) within each unit, suggesting potential needs for cosmetic or functional upgrades to maximize rental value.
Limited Parking Information: While a triplex in a dense urban area, the description does not specify the parking situation for each unit, which can be a significant factor for tenant desirability and property value.

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