
2435 Lancaster Ave Los Angeles, CA 90033
Estimated payment $11,863/month
About This Home
2435 Lancaster Ave is a rare value-add fourplex located in the heart of Boyle Heights. Delivered vacant, the property offers immediate upside through renovations, owner-user occupancy, or market-rate leasing in a high-demand rental area. Built in 2016, the two-building, four-unit asset spans 6,920 square feet on an 8,227 SF lot and features separately metered gas and electric. Ideally positioned just east of Downtown LA, the property benefits from walkable access to Metro Gold Line stations, major freeways, and nearby employers such as the USC Medical Center and Arts District. Surrounded by vibrant culture, local amenities, and ongoing neighborhood revitalization, 2435 Lancaster presents a compelling opportunity for investors seeking both stability and growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,093
Year Built
- Built in 2016
Lot Details
- 8,230 Sq Ft Lot
Parking
- 8 Parking Spaces
Interior Spaces
- 6,920 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 20 Bedrooms
- 12 Bathrooms
Listing and Financial Details
- Assessor Parcel Number 5202-014-010
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Vacancy Allowance $12,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $15,093 | $1,210,482 | $274,589 | $935,893 |
2024 | $15,093 | $1,186,748 | $269,205 | $917,543 |
2023 | $14,810 | $1,163,479 | $263,927 | $899,552 |
2022 | $14,138 | $1,140,666 | $258,752 | $881,914 |
2021 | $13,933 | $1,118,301 | $253,679 | $864,622 |
2019 | $13,525 | $1,085,133 | $246,155 | $838,978 |
2018 | $13,375 | $1,063,857 | $241,329 | $822,528 |
2016 | $7,204 | $591,959 | $231,959 | $360,000 |
2015 | $2,938 | $228,475 | $148,509 | $79,966 |
2014 | $620 | $31,827 | $17,576 | $14,251 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/04/2025 08/04/25 | Price Changed | $1,950,000 | 0.0% | $282 / Sq Ft |
08/04/2025 08/04/25 | For Sale | $1,950,000 | -11.4% | $282 / Sq Ft |
07/25/2025 07/25/25 | Off Market | $2,200,000 | -- | -- |
07/23/2025 07/23/25 | Price Changed | $2,200,000 | +12.8% | $318 / Sq Ft |
07/22/2025 07/22/25 | Price Changed | $1,950,000 | -11.4% | $282 / Sq Ft |
06/13/2025 06/13/25 | For Sale | $2,200,000 | +882.1% | $318 / Sq Ft |
06/13/2025 06/13/25 | Pending | -- | -- | -- |
05/16/2014 05/16/14 | Sold | $224,000 | -4.7% | $179 / Sq Ft |
04/20/2014 04/20/14 | Pending | -- | -- | -- |
01/31/2014 01/31/14 | For Sale | $235,000 | -- | $188 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | Accommodation | |
Grant Deed | $224,000 | Wfg Title Company Of Califor | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,046,500 | Commercial |
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Source: The MLS
MLS Number: 25552247

APN: 5202-014-010
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