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$ 1,250,000
Est. payment /mo
Pending
2505 Malabar ST Los Angeles, CA 90033
10 Beds
10 Baths
4,974 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 4,974 sqft
Price per Sqft $251
MLS Listing ID 25611127
Bedrooms 10
HOA Y/N No
Year Built 1924
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 Boyh - Boyle Heights
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5177020025
Special Listing Condition Standard
Listed by Darin Spillman Kidder Mathews of California, Inc.