$1,600,000 Price Analysis   ♡   Los Angeles, CA 90033 13 bed 8 bath 6,776 SqFt ($236/SqFt) 7,001SqFt lot. Built 1924 Listed 2024-05-02, Taxes $12,863 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 th units as it becomes vacant. In addition, the units are separately metered for gas and electric ity and situated one mile-away from major employment hubs such as Keck USC Hospital.
Presented by Andres Diaz at
Keller Williams Realty Downtown LA.
Property MLS #24-387131 from TheMLSCLAW
Full Bathrooms: 8
Heating Features: Wall
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7001
Calculated Total Monthly Association Fees: 0
Number of Units: 8
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 7000, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 6000, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 2400
County: Los Angeles
Cap Rate: 4.92
Directions: near the corner of N Soto Street and Malabar Street
Source Property Type: Residential Income
Area: Boyle Heights
Source Neighborhood: Boyle Heights
Parcel Number: 5177-021-018
Postal Code Plus 4: 2523
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $578,147 + $420,470 $998,617 | $12,863 |
| 2021 | $566,811 + $412,226 $979,037 | $12,679 |
| 2020 | $561,000 + $408,000 $969,000 | $12,805 |
| 2019 | $57,776 + $23,045 $80,821 | $2,125 |
| 2018 | $56,644 + $22,594 $79,238 | $1,987 |
| 2017 | $55,534 + $22,151 $77,685 | $1,916 |
| 2016 | $54,446 + $21,717 $76,163 | $1,796 |
| 2015 | $53,629 + $21,391 $75,020 | $1,782 |
| 2014 | $52,579 + $20,972 $73,551 | $1,843 |
| 2013 | $52,342 + $20,878 $73,220 | $1,833 |
| 2012 | $51,316 + $20,469 $71,785 | $1,854 |
| 2010 | $50,310 + $20,068 $70,378 | $1,772 |
| 2009 | $50,053 + $19,967 $70,020 | $1,721 |
| 2009 | $49,934 + $19,919 $69,853 | $1,721 |
| 2008 | $49,072 + $19,576 $68,648 | $1,684 |
| 2007 | $48,110 + $19,193 $67,303 | $1,610 |
$1,600,000
TheMLSCLAW
Sold 2019-06-07
$700,000
CRMLS
Relisted 2019-04-24
$699,000
CRMLS
Listing removed 2019-04-18
$699,000
CRMLS
Listed 2019-04-17
$699,000
CRMLS
Sold 1965-02-26
$45,000
Public Record
Year Built: 1924
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 100
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.