4361 Eagle Rock Boulevard

Description

4361 Eagle Rock Boulevard is a mixed-use asset in Los Angeles, California. This property boasts a streetfront commercial building with four suites and three single-family homes and an ADU in the rear. The asset is well-located along a thoroughfare that benefits the commercial space and within easy walking walking distance of Occidental College, Starbucks, Target, and other popular retailers. Two of the homes have two bedrooms and one bath, one of the homes has three bedrooms and one bath, and the ADU is a one-bedroom/one-bath unit. Each home features surface parking, and the commercial building features six parking spaces. The commercial building sees strong traffic volume along Eagle Rock Boulevard: over 42,000 vehicles per day drive in front of the property. Additionally, the multifamily units may benefit from a strong tenant base: the average household income within one mile is over $128,000 per year. The multifamily units’ current rents offer a new investor 39 percent rental upside. This is an ideal repositioning or redevelopment opportunity full of potential.

Listing information courtesy of: Steven Bogoyevac, Steven M. Bogoyevac, Broker 562-257-1231. *Based on information from the Association of REALTORS/Multiple Listing as of 10/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.