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2536 Malabar St, Los Angeles, CA 90033
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2536 Malabar St Los Angeles, CA 90033

$1,080,000
  • 7 Beds
  • 4 Baths
  • 2,750 Sq.Ft.
For Sale
$1,080,000 Get Pre-Qualified
Map preview of 2536 Malabar St, Los Angeles, CA 90033

Property Overview: 2536 Malabar St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,750 living square feet and 5,390 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Danny Villela | BRE #01793116 | BOT Real Estate
Co-listed by Dina Corchado | BRE #01981998 | BOT Real Estate
Last checked: 15 minutes ago | Last updated: June 19th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
5,390
HOA Dues
$0/mo
Year built
1964
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
PF24124025
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,800
  • Net Operating Income: $69,600
  • Gross Operating Income: --
  • Garage Rental Income: $1,100
Annual Expense Breakdown
  • Total Operating Expense: $4,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,600
  • Water/Sewer: $4,200

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Property Details for 2536 Malabar St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Closet, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5177023009
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Wabash East of Soto
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 2536 Malabar St

Last sold for $269,000 on May 9th, 2003

  • June, 2024

  • Jun 17, 2024

    Date

    Active

    CRMLS: PF24124025

    $1,080,000

    Price

  • May, 2003

  • May 9, 2003

    Date

    Sold (Public Records)

    Public Records

    $269,000

    Price

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Tax History for 2536 Malabar St

Assessed Value (2020): $449,585
Year Land Value Improved Value Assessed Value
2020 $191,181 $258,404 $449,585

Home Value Compared to the Market

This property vs the competition

2536 Malabar St is listed 13.53% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $392.73 per/sqft which puts the price per square foot 49.52% lower than the median price per square foot for the city of Los Angeles.

About 2536 Malabar St

Detailed summary of property

2536 Malabar St is a single family home located in Los Angeles, CA 90033 and is currently for sale. This house offers 7 bedrooms, 4 bathrooms, roughly 2,750 living square feet, and sits on an approximately 5,390 square foot lot. 2536 Malabar St was first listed on ArdentRealEstateGroup.com on June 18, 2024. The homeowner is currently asking $1,080,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.53% lower than the median priced home. Local competing homes currently for sale include 1851 Heidleman Rd, 530 Molino St #117 and 4850 O Sullivan Dr. While the average home in Los Angeles, CA is selling in 98 days, 2536 Malabar St has a days on market of 9 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 2536 Malabar St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2536 Malabar St

Public county record property details
Beds
6
Baths
3
Year built
1964
Sq. Ft.
2,750
Lot Size
5,388
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5177-023-009

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$699,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
12
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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