2437 Malabar St Los Angeles, CA 90033
Estimated payment $15,697/month
Total Views
2,009
16
Beds
12
Baths
6,000
Sq Ft
$417
Price per Sq Ft
Highlights
- Gated Parking
- Laundry Room
- Central Heating and Cooling System
- Felicitas and Gonzalo Mendez High Rated A-
About This Home
Incredible investment opportunity to own a 4-Unit Income Property in the heart of Boyle Heights. Close to Downtown LA and just a few blocks from USC Medical Campus. Built in 2020, each unit has 4 bedrooms and 3 bathrooms, combines contemporary design, and impressive rental potential—perfectly situated in one of LA’s most rapidly growing neighborhoods. Each of the four spacious units is thoughtfully designed with open floor plans, abundant natural light, and modern finishes. Residents enjoy stainless steel appliances, in-unit laundry, and energy-efficient systems. All units are separately metered for gas, electricity, and water, significantly reducing owner expenses. Every unit also includes two dedicated on-site parking spaces—a rare and valuable perk in the city. Set on a well-maintained and secure lot, the property features gated entry, low-maintenance landscaping, and great curb appeal. Its strategic location offers quick access to major freeways, public transportation, USC, the Arts District, and Downtown LA’s business and entertainment hubs—ensuring strong tenant demand and long-term appreciation potential. Don’t miss this turnkey, low-maintenance investment in a high-growth area of Los Angeles!
Listing Agent
Keller Williams SELA Brokerage Phone: 818-357-8680 License #01744170 Listed on: 06/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,896
Year Built
- Built in 2019
Lot Details
- 7,002 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
Interior Spaces
- 6,000 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 16 Bedrooms
- 12 Bathrooms
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Gated Parking
- Assigned Parking
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 20 / 5
- Assessor Parcel Number 5177021022
- $707 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $3,000
- New Taxes Expense $29,000
- Operating Expense $33,200
- Gross Income $172,800
- Net Operating Income $130,960
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $24,896 | $2,056,619 | $1,190,674 | $865,945 |
| 2024 | $24,896 | $2,016,294 | $1,167,328 | $848,966 |
| 2023 | $24,416 | $1,976,760 | $1,144,440 | $832,320 |
| 2022 | $23,284 | $1,938,000 | $1,122,000 | $816,000 |
| 2021 | $22,981 | $1,900,000 | $1,100,000 | $800,000 |
| 2020 | $15,672 | $1,252,200 | $571,200 | $681,000 |
| 2019 | $6,885 | $560,000 | $412,500 | $147,500 |
| 2018 | $680 | $44,752 | $22,594 | $22,158 |
| 2017 | $665 | $43,875 | $22,151 | $21,724 |
| 2016 | $633 | $43,016 | $21,717 | $21,299 |
| 2015 | $625 | $42,371 | $21,391 | $20,980 |
| 2014 | $636 | $41,542 | $20,972 | $20,570 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $2,500,000 | +346.4% | $417 / Sq Ft |
| 09/19/2018 09/19/18 | Sold | $560,000 | +30.2% | $388 / Sq Ft |
| 08/23/2018 08/23/18 | Pending | -- | -- | -- |
| 08/16/2018 08/16/18 | For Sale | $430,000 | -- | $298 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Grant Deed | $1,900,000 | Pacific Coast Title Company | |
| Deed | -- | -- | |
| Grant Deed | $560,000 | Fidelity National Title Comp | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,425,000 | New Conventional | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $1,326,000 | Construction | |
| Previous Owner | $364,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25139010
APN: 5177-021-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 2428 Malabar St
- 2437 Houston St
- 2516 Malabar St
- 600 N Soto St
- 2432 Fairmount St
- 2515 Houston St
- 2531 Folsom St
- 810 N Mott St
- 2156 City View Ave
- 2515 Wabash Ave
- 2503 Cincinnati St
- 2127 City View Ave
- 1031 N Fickett St
- 2743 Boulder St
- 2744 Fairmount St
- 2711 Wabash Ave
- 322 Cornwell St
- 422 N Mott St
- 2750 Folsom St
- 574 N St Louis St
- 2516 Malabar St Unit A
- 2526 Houston St
- 515 N Breed St Unit 515 N. Breed
- 2707 Fairmount St
- 2426 1/2 Cincinnati St
- 2635 Dobinson St
- 2635 Dobinson St
- 2511 Ganahl St
- 2639 Dobinson St Unit B
- 2639 Dobinson St Unit 110
- 2745 Folsom St
- 1126 Cornwell St Unit 108
- 1126 Cornwell St Unit 201
- 1126 Cornwell St Unit PH 10
- 1126 Cornwell St Unit 109
- 501 N St Louis St
- 2855 Cincinnati St
- 215 N Fickett St
- 1023 Tremont St
- 1033 N Cummings St