2505-2509 Malabar St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,250,000 USD
310-592-8269
2505-2509 Malabar St, Los Angeles, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/5
null | 6.7% Cap Rate

2505-2509 Malabar St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • 3 units are currently vacant, allowing an investor immediate rental upside.
  • Prime central-L.A. location just minutes from Downtown, offering strong connectivity and access to major employment hubs, schools, and shopping.
  • Approximately 35% rental upside through interior modernization and operational efficiencies.
  • Boyle Heights continues to outperform with sustained rental demand and historically low turnover.
  • Ten classic 1-bedroom / 1-bath units arranged around a private, gated courtyard create a timeless, highly leasable community feel.
  • Within walking distance to public transportation, neighborhood amenities, and key community institutions.

OVERVIEW

Darin Spillman at Kidder Mathews is pleased to present 2505 Malabar Street, a 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, walkable 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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$251 USD /SF

# OF UNITS

10

PRICE/UNIT

$125,000

CAP RATE

6.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Bungalow Units with 3 Vacancies

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

5177-020-025

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

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Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.