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2402 Malabar St
Los Angeles, CA 90033
PRICE REDUCED:8 Unit Building With 1 Vacancy! · Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • True value-add investment opportunity in Boyle Heights with huge rental upside of over 80%!
  • On the market for the first time in nearly 80 years!
  • Close proximity to Downtown LA and less than one mile from the USC Health Sciences Campus and USC Keck Hospital.
  • Consists of four 2 bedroom / 1 bath units and four 1 bedroom / 1 bath units, and will be delivered with one 2 bedroom unit vacant.
  • The detached garage spaces on the spacious ± 6,984 SF lot currently accommodate parking for 6 cars with the possibility to convert to ADUs.

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 6,944 SF
No. Stories 2
Year Built/Renovated 1941/1943
Parking Ratio 0.86/1,000 SF
Zoning LAR3

AMENITIES

UNIT AMENITIES

  • Washer/Dryer Hookup

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5177-022-011
Land Assessment
$567,120
Improvements Assessment
$707,880
Total Assessment
$1,275,000
  • Listing ID: 30340460

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: 2402 Malabar St, Los Angeles, CA 90033

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