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Los Angeles, CA 90033 2415 Malabar Street

$1,600,000

2415 Malabar Street Los Angeles, Ca - Image 12415 Malabar Street Los Angeles, Ca - Image 22415 Malabar Street Los Angeles, Ca - Image 3
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2415 Malabar Street Los Angeles, Ca - Image 4
Presented By: Andres Diaz with Keller Williams Downtown LA;
  • MLS# 24387131
  • 05/02/2024
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  • BedBeds • 13
  • BathBaths • 8
  • FootageSQFT • 6,776

Home Details

2415 Malabar Street is an 8-unit investment located in the historical neighborhood of Boyle Heights. The property boasts four (4) one-bedroom/one-bathroom units, three (3) two-bedroom/one-bathroom units, and one (1) three-bedroom/one-bathroom unit spread across 6,776 rentable square feet. The opportunity presents close to 35% rental upside that can be executed by upgrading the units as it becomes vacant. In addition, the units are separately metered for gas and electricity and situated one mile-away from major employment hubs such as Keck USC Hospital.
Presented By: Andres Diaz with Keller Williams Downtown LA;

Interior Features for 2415 Malabar Street

Bedrooms

Total Bedrooms13

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixStreet
Total Stories

General for 2415 Malabar Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.92
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
Days on Market8
Directionsnear the corner of N Soto Street and Malabar Street
Garage Y/NNo
Gross Income134088.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7001.0
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income78730.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameMalabar
Total Units8
View Y/NNo
Waterfront Y/NNo
Year Built1924
ZoningLAR3

Exterior for 2415 Malabar Street

Building Area Total6776.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1607
Lot Size Area7001.0
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking0.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,600,000
MLS#24387131
List Date 05/02/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors