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2402 Malabar St
Los Angeles, CA 90033
PRICE REDUCED:8 Unit Building With 1 Vacancy! · Multifamily Property For Sale
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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 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,944 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1941/1943 |
| Building Class | C | Parking Ratio | 0.86/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling | ||
| 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 - Multiple Dwelling |
Amenities
Unit Amenities
- Washer/Dryer Hookup
Property Taxes
| Parcel Number | 5177-022-011 | Improvements Assessment | $707,880 |
| Land Assessment | $567,120 | Total Assessment | $1,275,000 |
Property Taxes
Parcel Number
5177-022-011
Land Assessment
$567,120
Improvements Assessment
$707,880
Total Assessment
$1,275,000
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