2505 Malabar, Los Angeles, CA 90033
- $1,100,000
List Agent Steven Bogoyevac () 562-257-1231 Steven M. Bogoyevac, Broker; CoList ()
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- PW26176429
- Year Built
- 1924
- Lot Size
- 7,004
- Lot Location
- Rectangular Lot
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
2505 Malabar Street is a 10-unit multifamily asset in Los Angeles’ Boyle Heights neighborhood. This offering is an excellent acquisition opportunity for an investor seeking value-add potential: current rents are well-below market and present 68 percent rental upside. 2505 Malabar Street is a 1924 construction single-story apartment complex with all one-bedroom/one-bath units. Select units feature interior upgrades and wall A/C units. and the building also offers laundry facilities. The property is located in Boyle Heights with convenient access to major employers and attractions in Downtown Los Angeles, less than a mile to USC Medical Center, and proximate to freeways and the Metro E Line. This area is one of Los Angeles’ most active infill development markets, signaling investor sentiment in the area and its consistent rental demand.
/u.realgeeks.media/sellyourhome/new_size.jpg)
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.