2505 Malabar Street, Los Angeles, CA 90033
2505 Malabar Street, Los Angeles, CA 90033
2505 Malabar Street, Los Angeles, CA 90033
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$1,250,000
Est. payment /mo
4,974 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,974 sqft

Price per Sqft $251

MLS Listing ID CL26793809

HOA Y/N No

Year Built 1924

Lot Size 7,004 Sqft

Acres 0.1608

Property Sub-Type Other

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 10 one-bedroom, one-bath units, offering investors an attractive value-add opportunity with approximately 35% rental upside through renovation and repositioning. 3 units are currently vacant, allowing an investor immediate rental upside. Ideally situated just minutes from Downtown Los Angeles, 2505 Malabar Street benefits from strong renter demand driven by the area's high population density, accessible 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.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Building

New Construction No

Others

Tax ID 5177020025


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Bridge MLS
Listed by Darin Spillman • Kidder Mathews of California, Inc.

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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2505 Malabar Street