2505 Malabar St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,974 sqft
Price per Sqft $251
MLS Listing ID 25611127
Bedrooms 10
Year Built 1924
Lot Size 7,004 Sqft
Acres 0.1608
Property Sub-Type Multi-Family
Property Description
Ten-unit courtyard bungalow-style apartment community located in the heart of Boyle Heights, one of Los Angeles' most dynamic and centrally connected neighborhoods. The property is comprised of 3 buildings that are comprised of 10 one-bedroom, one-bath units, offering investors an attractive value-add opportunity with approximately 37% rental upside through renovation and repositioning. Ideally situated just minutes from Downtown Los Angeles, 2505 Malabar Street benefits from strong renter demand driven by the area's high population density, neighborhood amenities, and access to major transportation corridors. The classic bungalow design and efficient one-bedroom layouts appeal to a broad tenant base, ensuring continued ease of leasing and long-term income stability. There is currently one vacant unit.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features None
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard