$1,250,000
Ten-unit courtyard bungalow-style apartment community located in the heart of Boyle Heights, one of Los Angeles' most dynamic and centrally connected neighborhoods.The property is comprised of 10 one-bedroom, one-bath units, offering investors an attractive value-add opportunity with approximately 35% rental upside through renovation and repositioning. 3 units are currently vacant, allowing an investor immediate rental upside. Ideally situated just minutes from Downtown Los Angeles, 2505 Malabar Street benefits from strong renter demand driven by the area's high population density, accessible amenities, and access to major transportation corridors. The classic bungalow design and efficient one-bedroom layouts appeal to a broad tenant base, ensuring continued ease of leasing and long-term income stability.
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Listed by Darin Spillman with Kidder Mathews of California, Inc. (310) 312-1800
Property Type
Residential Income
Status
Active
MLS Number
26793809
Year Built
1924
Lot Size
7,004 sq ft