2536 Malabar Street

Los Angeles, CA 90033

$969,000
Price
7
Beds
4
Baths
2,750 Sq. Ft.
$352 / Sq. Ft.
2,750
Sq. Ft.
$352
per Sq. Ft.

Description

Live in One, Rent the Others: Boyle Heights Income Opportunity. Discover the perfect blend of homeownership and income generation in this well-maintained, three-unit property nestled in the desirable and up-and-coming area of Boyle Heights. This unique opportunity allows you to live in the spacious main house while renting out the additional units for substantial passive income. Main House (Delivered Vacant)3 generous bedrooms 2 modern bathrooms Rental Units 2 units, one delivered vacant each featuring:...Live in One, Rent the Others: Boyle Heights Income Opportunity. Discover the perfect blend of homeownership and income generation in this well-maintained, three-unit property nestled in the desirable and up-and-coming area of Boyle Heights. This unique opportunity allows you to live in the spacious main house while renting out the additional units for substantial passive income. Main House (Delivered Vacant)3 generous bedrooms 2 modern bathrooms Rental Units 2 units, one delivered vacant each featuring: 2 bedrooms 1 bathroom Bonus Unit Additional income potential This property shines with its clean, well-maintained interiors, ready for your personal touch. Don't miss the chance to secure your piece of Boyle Heights and start building wealth through real estate. Ideal for homeowners looking to offset their mortgage with rental income. These units has substantial upgrades to include newer copper plumbing throughout as well as some upgraded electrical. A definite must see.
  1. Listed by Danny Villela • DRE #01793116 • Brokerage DRE #01793116 • BOT Real Estate • 562-652-8913
  2. Listed by Dina Corchado • DRE #01981998 • Brokerage DRE #01793116 • BOT Real Estate

Property Details for 2536 Malabar Street

Parking Spaces Total
3
Private Pool
No
Total Units
3.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
1 Common Wall
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 09/11/2024 11:37 PM

Property Details for 2536 Malabar Street

StatusActive
MLS #PF24186155
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.12 AC / 5,390 SF
CountyLos Angeles County

Building Information for 2536 Malabar Street

Stories2Residences-Year Built1964Building Size-Lot Size0.12 AC / 5,390 SF

Property Information for 2536 Malabar Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $73,800
  • Gross Scheduled Income: $73,800
  • Net Operating Income: $69,600
  • Garage Income: $1,100
Expense Details
  • Operating Expense: $4,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,600
  • Trash Expense: $0
  • Water Sewer Expense: $4,200
  • Total Expenses: $4,200
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 8
  • Tax Census Tract: 2037.20
  • CFD/Mello-Roos Fee: $471
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2536 Malabar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2536 Malabar Street

Taxable ValueLand$204,983Additions$277,060Total$482,043
Tax Record2023$6,056 ($505 / month)
Home Facts
Total Finished SqFt2,750 SqFtAbove Grade Finished SqFt2,750 SqFtLot Size5,388 SqFtStyleTriplexYear Built1964ZoningLAR3CountyLOS ANGELESAPN5177-023-009

Schools near 2536 Malabar Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sheridan Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2536 Malabar Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on September 7, 2024 by BOT Real Estate, it's currently listed at $969,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Sheridan Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 2536 Malabar Street is a 7-bed, 4-bath, 2,750 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BOT Real Estate, Danny Villela, DRE #01793116; BOT Real Estate, Dina Corchado, DRE #01981998

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.