2516 Malabar St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$2,400,000 USD
213-797-7187
2516 Malabar St, Los Angeles, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/33
null | 6.12% Cap Rate

2516 Malabar St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • No RSO! Fully Vacant Fourplex Built in 2021!
  • 4 Bedrooms / 3 Bathrooms per unit - Townhouse-Style Layouts
  • In-Unit Washer & Dryer
  • Solar Panels – Energy efficient and eco-friendly - Central A/C & Heating
  • Individually Metered for Gas, Electricity & Water - Gated Property with onsite parking
  • Potential for Seller Finance! Minutes to DTLA, USC Medical, Arts District & Freeways

OVERVIEW

2516 Malabar St is a newly built 4-plex in the Boyle Heights neighborhood! The property was built in 2021 and offers 16 large bedrooms. The unit mix consists of (4) 4 Bedroom/ 3 Bathroom units. The property is gated and offers 8 tandem parking spaces. The property will be delivered vacant allowing the new owner to select their own tenants and/or to owner occupy! The units are all individually metered for gas, electricity, water and has solar panels keeping owners expenses low! Don't miss out on this great NON RSO investment opportunity! Embrace the unique charm and cultural richness of Boyle Heights with this exceptional real estate investment opportunity. Situated in the heart of East Los Angeles, Boyle Heights is renowned for its diverse community, historic landmarks, and thriving local economy. This dynamic neighborhood offers a compelling blend residential, commercial, and mixed-use properties, making it an attractive destination for investors seeking growth and value in the Los Angeles real estate market.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$400 USD /SF

# OF UNITS

4

PRICE/UNIT

$600,000

CAP RATE

6.12%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

5177-023-004

ASK ABOUT THIS PROPERTY

Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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