Los Angeles, CA 90033,2505 Malabar St
Los Angeles, CA 90033,2505 Malabar St
Los Angeles, CA 90033,2505 Malabar St
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$1,250,000
Est. payment /mo
10 Beds
10 Baths
4,974 SqFt
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UPDATED:

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


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TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

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Kirshner Elkin Properties

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