The East Draw is located just before Eldorado State Park on a hogback that sits on the north/east side of the town of Eldorado Springs. This cliff band has some choss, some ultra classics, and lots of sun, making it a winter spot.
Getting to the cliff band requires a bit of finesse, you need to park by the pool (parking in the neighborhoods is unacceptable) walk north past the pool and then head northeast looking for the shadow canyon trail (the old Mesa Trail). Take this trail north until you can simply walk up the hogback to the climbing.
Be courteous of the residents of Eldo, and think before you park or hike on someone else's property.
Below is a map to the best access point.
Mountain Project's determination of some of the classic, most popular, highest rated routes for East Draw: