2415 Malabar Street

Description

2415 Malabar Street is an 8-unit apartment building located in the highly sought after Boyle Heights neighborhood of Los Angeles. Situated a mile away from Keck Hospital of USC and a short drive to Downtown Los Angeles, tenants are within close proximity to major employment hubs. In addition, tenants have easy access to the Arts District which provides an eclectic and bustling nightlife. The opportunity consists of four (4) one-bedroom units, three (3) two-bedroom units, and one (1) three-bedroom unit separately metered for gas and electricity. The layout of each unit is relatively large – it spreads across 6,776 rentable square feet on a R3 zoned lot. In addition to its great location and large floor plan, the rents are currently 30% below market. This means a buyer will have the opportunity to purchase a property at a low basis with room for rent growth in the foreseeable future.

Listing information courtesy of: Andres Diaz, Keller Williams Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.