2505 Malabar, Los Angeles, CA 90033
2505 Malabar, Los Angeles, CA 90033
2505 Malabar, Los Angeles, CA 90033
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,100,000
Est. payment /mo
7,004 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26176429

HOA Y/N No

Year Built 1924

Lot Size 7,004 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5177020025

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker steve.bogoyevac@marcusmillichap.com, DRE #01332755

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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2505 Malabar

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