$1,400,000
For Sale

2415 Malabar Street

Los Angeles, CA 90033
0.16 acres | #PF25028458
Listing OfficeKeller Williams Realty
Browse 9 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

2415 Malabar Street is an 8-unit apartment building located in the highly sought after Boyle Heights neighborhood of Los Angeles. Situated a mile away from Keck Hospital of USC and a short drive to Downtown Los Angeles, tenants are within close proximity to major employment hubs. In addition, tenants have easy access to the Arts District which provides an eclectic and bustling nightlife.
The opportunity consists of four (4) one-bedroom units, three (3) two-bedroom units, and one (1) three-bedroom unit separately metered for gas and electricity. The layout of each unit is relatively large – it spreads across 6,776 rentable square feet on a R3 zoned lot. In addition to its great location and large floor plan, the rents are currently 30% below market. This means a buyer will have the opportunity to purchase a property at a low basis with room for rent growth in the foreseeable future.

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,400,000
      • MLS #PF25028458
      • MLS #PF25028458
      • Property SubtypeApartment
      • Cost1400000
      • Lot DescriptionGarden
      • Acres0.1607
      • Utility SourcePublic
      • Year Built1924
      • Stories1

Location

Christopher PereaReal Estate Group
OR

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