2728 Malabar Street

    Los Angeles (City), CA 90033
    • $630,000
    • STATUS: Active
    • ON SITE: 7 days
    • ID#: 19519830
    UPDATED: 50 min ago
    $630,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,408
      SQFT
    • $262
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    We are pleased to present a two (2) unit duplex residence located at 2728 Malabar Street in Los Angeles, California. The subject property is situated north of East Cesar E Chavez Avenue, and east of North Evergreen Street, which offers convenient access to commuting routes and various amenities. Built in 1926, this one story sits in an up and coming area and contains a streamlined unit mix of two (2) two-bedroom/ one-bathroom units. The building itself is in great condition with newly constructed copper piping and roof. One unit is to be delivered vacant. Residents enjoy the on-site parking, large units (1200 SF), outside common areas, and convenient access to walkable amenities.Well-positioned in a gentrifying area of Boyle Heights, the subject property presents a special opportunity for an astute investor to capitalize on a well-maintained building that will be delivered vacant.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/99887043

    2728 Malabar Street Los Angeles (City), CA 90033

    • Price: $630,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 19519830
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,408
    SQFT
    $262
    $/SQFT
    1926
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    We are pleased to present a two (2) unit duplex residence located at 2728 Malabar Street in Los Angeles, California. The subject property is situated north of East Cesar E Chavez Avenue, and east of North Evergreen Street, which offers convenient access to commuting routes and various amenities. Built in 1926, this one story sits in an up and coming area and contains a streamlined unit mix of two (2) two-bedroom/ one-bathroom units. The building itself is in great condition with newly constructed copper piping and roof. One unit is to be delivered vacant. Residents enjoy the on-site parking, large units (1200 SF), outside common areas, and convenient access to walkable amenities.Well-positioned in a gentrifying area of Boyle Heights, the subject property presents a special opportunity for an astute investor to capitalize on a well-maintained building that will be delivered vacant.
    Exterior Features

    Lot Size Units Square Feet Parking YN Yes

    Interior Features

    Laundry Features Washer Included

    Property Features

    Cap Rate 2.69 Gross Multiplier 16.94 Gross Operating Income 36084.00 Laundry YN Yes Net Operating Income 16690.00 Special Listing Conditions Standard Total Expenses 19124.00 Zoning Lar2

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T23:37:29.343. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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