Multifamily
2505 Malabar St
2505 Malabar St, Los Angeles, CA 90033
Listing Price: $1,100,000
Investment Overview
Marcus & Millichap is pleased to present to market 2505 Malabar Street, a 10-unit multifamily asset in Los Angeles’ Boyle Heights neighborhood. This offering is an excellent acquisition opportunity for an investor seeking value-add potential: current rents are well-below market and present 68 percent rental upside.
2505 Malabar Street is a 1924 construction single-story apartment complex with all one-bedroom/one-bath units. Select units feature interior upgrades and wall A/C units. and the building also offers laundry facilities.
The property is located in Boyle Heights with convenient access to major employers and attractions in Downtown Los Angeles, less than a mile to USC Medical Center, and proximate to freeways and the Metro E Line. This area is one of Los Angeles’ most active infill development markets, signaling investor sentiment in the area and its consistent rental demand.
2505 Malabar St
Investment Highlights
- Value-Add Opportunity With Massive Upside: Current rents are well-below market and offer 68 percent potential upside
- Single-Story 10-Unit Apartment Complex: Gated community with all one-bed/one-bath units and laundry facilities
- Boyle Heights Location: Conveniently near Downtown LA employers and attractions, less than one mile from USC Medical Center, and proximate to freeways and transit
- Located in One of Los Angeles' Most Active Infill Development Markets: Ongoing development supports investor sentiment in the area's consistent rental demand
Exclusively Listed By
Listing Price: $1,100,000
Investment Highlights
- Value-Add Opportunity With Massive Upside: Current rents are well-below market and offer 68 percent potential upside
- Single-Story 10-Unit Apartment Complex: Gated community with all one-bed/one-bath units and laundry facilities
- Boyle Heights Location: Conveniently near Downtown LA employers and attractions, less than one mile from USC Medical Center, and proximate to freeways and transit
- Located in One of Los Angeles' Most Active Infill Development Markets: Ongoing development supports investor sentiment in the area's consistent rental demand
Investment Overview
Marcus & Millichap is pleased to present to market 2505 Malabar Street, a 10-unit multifamily asset in Los Angeles’ Boyle Heights neighborhood. This offering is an excellent acquisition opportunity for an investor seeking value-add potential: current rents are well-below market and present 68 percent rental upside. 2505 Malabar Street is a 1924 construction single-story apartment complex with all one-bedroom/one-bath units. Select units feature interior upgrades and wall A/C units. and the building also offers laundry facilities. The property is located in Boyle Heights with convenient access to major employers and attractions in Downtown Los Angeles, less than a mile to USC Medical Center, and proximate to freeways and the Metro E Line. This area is one of Los Angeles’ most active infill development markets, signaling investor sentiment in the area and its consistent rental demand.
Exclusively Listed By
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