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2718 Malabar St, Los Angeles, CA 90033
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2718 Malabar St Los Angeles, CA 90033

$800,000
  • 4 Beds
  • 3 Baths
  • 2,600 Sq.Ft.
Back Up Offer
$800,000 Get Pre-Qualified
Map preview of 2718 Malabar St, Los Angeles, CA 90033

Property Overview: 2718 Malabar St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,600 living square feet and 5,849 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: This is a great opportunity for investors. This is a triplex property. The current landlord keeps the property well-maintained. It is located south of the 10 freeway and north of the 60 freeway. Both freeways are easy to access and a short drive. It is a few minutes drive to Cal State LA and East LA Community College. There are local restaurants nearby and also within walking distance. A nearby Food4less grocery store. Also, the metro is nearby. You don't want to miss out on this great opportunity.

Listed by Mandy Cheung | BRE #01996776 | Resource Real Estate Services
Last checked: 8 minutes ago | Last updated: April 8th, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
5,849
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Triplex
Status
Back Up Offer
MLS#
AR24055671
City
Los Angeles
County
Los Angeles
Time on Site
38 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $855
  • Total Rent: $855
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,768
  • Total Rent: $1,768
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,683
  • Net Operating Income: $55,464
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $1,835
  • Water/Sewer: $2,416

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Property Details for 2718 Malabar St

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5177025028
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of the 10 freeway and north of the 60 freeway
Neighborhood Information
  • Community Features: Park
View more facts & features

Local Los Angeles Agent

Sale History for 2718 Malabar St

Last sold on August 13th, 2019

  • April, 2024

  • Apr 7, 2024

    Date

    Back Up Offer

    CRMLS: AR24055671

    $800,000

    Price

  • Mar 20, 2024

    Date

    Active

    CRMLS: AR24055671

    $800,000

    Price

  • August, 2019

  • Aug 13, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2008

  • Nov 26, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2718 Malabar St

Assessed Value (2020): $43,424
Year Land Value Improved Value Assessed Value
2020 $19,919 $23,505 $43,424

Home Value Compared to the Market

This property vs the competition

2718 Malabar St is listed 35.95% 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 $772 and this home is listed at $307.69 per/sqft which puts the price per square foot 60.14% lower than the median price per square foot for the city of Los Angeles.

About 2718 Malabar St

Detailed summary of property

2718 Malabar St is a triplex located in Los Angeles, CA 90033 and is currently in escrow to be sold. This triplex offers 4 bedrooms, 3 bathrooms, roughly 2,600 living square feet, and sits on an approximately 5,849 square foot lot. 2718 Malabar St was first listed on ArdentRealEstateGroup.com on March 20, 2024. The homeowner is currently asking $800,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 35.95% lower than the median priced home. Local competing homes currently for sale include 3149 Fairmount St, 2111 Marengo St and 2103 Michigan Ave. While the average home in Los Angeles, CA is selling in 97 days, 2718 Malabar St has a days on market of 32 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2718 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 2718 Malabar St

Public county record property details
Beds
4
Baths
3
Year built
1924
Sq. Ft.
2,600
Lot Size
5,848
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5177-025-028

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
$778,000
Median List Price/Sq.Ft.
$536
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$525
Total Inventory
11
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 2718 Malabar St

2728 Malabar St, Los Angeles, CA 90033
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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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