$1,288,000
PENDING $11K PRICE DROP PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

2466 Lancaster Ave Los Angeles, CA 90033

Boyle Heights Neighborhood

Estimated payment $7,944/month

Total Views 1,483
7 Beds
6 Baths
4,009 Sq Ft
$321 Price per Sq Ft

Highlights

  • Detached Carport Space
  • Abraham Lincoln High School Rated A-
  • 5-minute walk to Hazard Recreation Center

About This Home

Prime 6-unit apartment complex located near the USC Health Sciences Campus in one of Los Angeles' most dynamic and evolving neighborhoods. This low-maintenance, low-cost building offers a balanced investment profile with both stability and upside potential. A couple of the units are already collecting close to market rents. Most of the units have been improved and are occupied by long-standing tenants, providing consistent income and reduced turnover. In addition, the owner-owned laundry machines generate extra income. With proximity to major employment centers, public transit, and ongoing area redevelopment, the property is well-positioned for strong rental demand and long-term appreciation. A rare opportunity to own a multi-unit asset in a high-demand rental market.

Listing Agent

Agnes Ferreyra

Realty Source Incorporated License #01799633 Listed on: 10/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,741 Sq Ft Lot

Interior Spaces

  • 4,009 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Detached Carport Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5202-011-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 4009
  • Lot Acreage: 0.1548
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 6.00
  • Equipment: Garbage Disposal, Range/Oven
  • Price Per S Q F T: 321.28

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 24.79
  • Assessed Improvement Value: 290000
  • Assessed Land Percent: 75.21
  • Assessed Land Value: 880000
  • Total Assessed Value: 1170000
  • Assessor Parcel Number: 5202-011-032
  • Lot Size Area: 6741

Rental Info

  • Total Actual Rent: 102588.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 12.70
  • Number Of Units: 6
  • Type Of Units: Residential

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $15,054 $1,193,400 $897,600 $295,800
2024 $15,054 $1,170,000 $880,000 $290,000
2023 $4,960 $328,720 $98,611 $230,109
2022 $4,764 $322,276 $96,678 $225,598
2021 $4,688 $315,958 $94,783 $221,175
2019 $4,581 $306,589 $91,973 $214,616
2018 $4,466 $300,578 $90,170 $210,408
2016 $4,199 $288,908 $86,669 $202,239
2015 $4,148 $284,570 $85,368 $199,202
2014 $4,200 $278,996 $83,696 $195,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 Pending -- -- --
11/09/2025 11/09/25 Price Changed $1,288,000 -0.8% $321 / Sq Ft
10/01/2025 10/01/25 For Sale $1,299,000 +11.0% $324 / Sq Ft
08/07/2023 08/07/23 Sold $1,170,000 -2.5% $266 / Sq Ft View Prior Sale
07/06/2023 07/06/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $1,200,000 -7.7% $273 / Sq Ft
06/09/2023 06/09/23 Price Changed $1,300,000 +8.3% $295 / Sq Ft
06/07/2023 06/07/23 Price Changed $1,200,000 -7.7% $273 / Sq Ft
04/05/2023 04/05/23 For Sale $1,300,000 -- $295 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25599921

The MLS
California Los Angeles County Los Angeles 90033 Boyle Heights

2466 Lancaster Ave, Los Angeles, CA

Pending

MultiFamily

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Agnes Ferreyra
Listing Agent
Agnes Ferreyra
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Realty Source Incorporated
(213) 458-0787