2415 Malabar Street Los Angeles, CA ^$ 1,600,000

2415 Malabar Street

^$ 1,600,000

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Recently Listed

2415 Malabar Street

Los Angeles, CA, 90033

^$ 1,600,000

Bedrooms13 Baths8.0 Sq 6,776

Monthly Estimate*

^$ 11,176

Listed by Keller Williams Downtown LA

2415 Malabar Street, Los Angeles, CA 90033 - Image 1

2415 Malabar Street, Los Angeles, CA 90033 - Image 2

2415 Malabar Street, Los Angeles, CA 90033 - Image 3

2415 Malabar Street, Los Angeles, CA 90033 - Image 4

2415 Malabar Street, Los Angeles, CA 90033 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $1,600,000 with 13 bedrooms and 8 full baths. This 6,776 square foot home was built in 1924 on a lot size of 0.1607.

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.

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1607

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24387131

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning LAR3

Year Built 1924

Stories 1

Levels One

Gross Income 134088.0

County Los Angeles

Net Operating Income 78730.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions near the corner of N Soto Street and Malabar Street

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 7001.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Malabar

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 4.92

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 7001.0

Number of Buildings 3

Spa N

Building Area Total 6776.0

Lot Size Acres 0.1607

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 13

Electric On Property Y/N N

Total Baths 8

Internal Only

Street Number 1 2415

* Excluded Features

List By

Keller Williams Downtown La

Broker

(213) 797-7182

Phone

Affordability Calculator

$11,176

Per Month

Monthly Principal & Interest: $11,176
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,979,653

Percent of Sale Price 24%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,600,000		Listed Price

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2415 Malabar Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,600,000 with 6,776 sqft and a lot size of 0.1607. 2415 Malabar Street has 13 bedrooms, 8.0 baths, and was built in 1924. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2415 Malabar Street

Multi-Family Home for sale in Los Angeles, CA

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