2505 Malabar, Los Angeles, CA 90033
List Price: $1.1M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1924
Lot Size: 7,004 sq ft
Private Pool: Yes
MLS Number: PW26176429
About This Property
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.
Listing provided by: Steven Bogoyevac DRE #01332755 562-436-5800 steve.bogoyevac@marcusmillichap.com, Steven M. Bogoyevac, Broker
Source: CRMLS, MLS #: PW26176429
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