2441 Fairmount St Los Angeles, CA 90033
Boyle Heights NeighborhoodEstimated payment $7,000/month
About This Home
Excellent and the Best Four (4) unit apartment complex located at 2441 Fairmount St In Los Angeles . This low maintenance, low -cost building offers a balanced investment profile with both stability and upside potential Perfect opportunity for owner to live one unit and collecting rent from the others. ***Currently 1 unit 2 Bedrooms 1 bathroom just vacant and is being kept temporarily available for showings, providing immediate flexibility for a new owner - giving optionality for interested buyers to live in one units while renting out the others, or easily rent out at higher market rate. This unit features newly updated interiors, laminate flooring, kitchen with quartz countertops and cabinets, 2 sinks in the bathroom with update vanity, 2 bedroom with ceiling fans.*** This 4 unit Building featuring 1 unit 3 Bedrooms 1 Bathroom 2 units 2 Bedrooms 1 Bathroom each, and 1 unit 2 Bedrooms 2 bathroom. 2 units has had some upgrade. The property is zoned R3-1-CUGU, with expansive lot size of 7,003 SF, and alley access, where it may be possible to build an additional ADU. Conveniently near the 5, 10, 60, and 710 freeways. Located near Cal State University Los Angeles, Downtown Los Angeles, Pasadena, and San Gabriel Valley. This is an ideal investment property! Must see to apricate.
Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-617-2306 License #01305413 Listed on: 06/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 7,005 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 5,822 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in unit
- Washer
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 21 / 1
- Assessor Parcel Number 5177015021
- $806 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $208
- Fuel Expense $200
- Insurance Expense $1,904
- Water Sewer Expense $5,355
- Operating Expense $7,667
- Gross Income $86,784
- Net Operating Income $67,117
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,524 | $902,700 | $631,890 | $270,810 |
| 2024 | $11,361 | $885,000 | $619,500 | $265,500 |
| 2023 | $8,659 | $659,934 | $397,099 | $262,835 |
| 2022 | $8,274 | $646,995 | $389,313 | $257,682 |
| 2021 | $10,046 | $796,172 | $479,015 | $317,157 |
| 2019 | $9,754 | $772,558 | $464,808 | $307,750 |
| 2018 | $9,629 | $757,411 | $455,695 | $301,716 |
| 2016 | $9,156 | $728,000 | $438,000 | $290,000 |
| 2015 | $9,014 | $716,000 | $418,200 | $297,800 |
| 2014 | $9,235 | $716,000 | $418,200 | $297,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/27/2026 07/27/26 | Price Changed | $1,100,000 | -4.3% | $189 / Sq Ft | |
| 06/15/2026 06/15/26 | For Sale | $1,150,000 | +29.9% | $198 / Sq Ft | |
| 12/08/2023 12/08/23 | Sold | $885,000 | -1.7% | $152 / Sq Ft | View Prior Sale |
| 09/27/2023 09/27/23 | Pending | -- | -- | -- | |
| 09/11/2023 09/11/23 | For Sale | $900,000 | +73.1% | $155 / Sq Ft | |
| 08/19/2015 08/19/15 | Sold | $520,000 | -12.0% | $89 / Sq Ft | View Prior Sale |
| 05/12/2015 05/12/15 | Pending | -- | -- | -- | |
| 03/31/2015 03/31/15 | For Sale | $590,600 | -- | $101 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $885,000 | Commonwealth Land Title | |
| Grant Deed | $546,000 | Title 365 Company | |
| Interfamily Deed Transfer | -- | Title 365 Company | |
| Trustee Deed | $798,475 | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $925,000 | Fidelity Natl Title Ins Co | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $540,000 | Fidelity National Title Ins | |
| Grant Deed | $325,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Commonwealth Land Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $531,000 | New Conventional | |
| Previous Owner | $693,750 | New Conventional | |
| Previous Owner | $138,750 | Stand Alone Second | |
| Previous Owner | $68,000 | Credit Line Revolving | |
| Previous Owner | $486,000 | Purchase Money Mortgage | |
| Previous Owner | $270,000 | Unknown | |
| Previous Owner | $264,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26130190
APN: 5177-015-021
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
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