
Los Angeles, California 90033
Analysis of 2437 Malabar Street, Los Angeles, California 90033 is currently available with a list price of $2,195,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Built in 2019/2020, this property is less than 5 years old and in mint condition. It features modern kitchens with stainless steel appliances, contemporary finishes, and energy-efficient systems, requiring no immediate maintenance.
Built in 2019/2020, this newer quadruplex features contemporary designs and energy-efficient systems, minimizing immediate maintenance costs and capital expenditures for the investor.
All four units are separately metered for gas, electricity, and water, effectively eliminating utility costs for the owner and significantly enhancing the property's net operating income.
The property offers a rare 4-bedroom, 3-bathroom configuration per unit near the USC Medical Campus and DTLA, ensuring high tenant demand and strong rental yields.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6000, other record living area = 5845.
At a list price of $2,195,000, the property commands a premium that may result in a tighter capitalization rate compared to older, value-add multi-family assets in the Boyle Heights market.
The property lacks any significant views, which could be a minor competitive disadvantage when compared to other high-end residential income properties in the surrounding Los Angeles hills.
Two large Duplexes on a lot. 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. Owner pays ZERO cost for all utilities. 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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,000 | 2,156 | 93% |
| Lot Size | 7,002 | 5,864 | 80% |
| Price | $2.19M | $735.0K | 93% |
| Price per sq ft | $366 | $335 | 60% |
| Built year | 2019 | 1912 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 137 | 7% |
May 29, 2026
$2,195,000
Initial Listing
Jul 1, 2020
$1,900,000
Public Record
Sep 19, 2018
$560,000
Public Record