2505 Malabar
Property Overview
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.
Home Details
- Property type
- Residential Income - Mixed Use
- Year built
- 1924
- Lot size
- 7,004 sq ft
- Stories
- 1
- Days on market
- 0
- Cumulative days on market
- 83
- MLS status
- Active
Features & Amenities
Pool
- None
Lot
- Rectangular Lot
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 2505 Malabar
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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