2447 Malabar Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
2447 Malabar Street
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2447 Malabar Street, Los Angeles, California 90033 is currently available with a list price of $1,100,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1965, benefits from significant recent upgrades including plumbing, electrical, dual-pane windows, and new roofs for both buildings. The main unit features a contemporary open kitchen with modern white shaker cabinets, dark countertops, and a stylish backsplash, along with recessed lighting. The lower unit of the second building was also renovated three years ago, showcasing updated kitchens and bathrooms with modern finishes and new flooring. While the main bathroom's shower tiles appear somewhat dated and the main unit relies on wall heaters and window AC units rather than central HVAC, the overall condition is move-in ready with minimal wear and tear, reflecting substantial recent investment in key areas.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Property
Offers three units across two separate buildings on a 7000 sqft lot, providing significant rental income potential for investors or owner-occupants.
- Extensive Recent Upgrades
Key systems such as plumbing, electrical, dual-pane windows, and roofs for both buildings have been upgraded, minimizing immediate capital expenditures for a new owner.
- Prime Boyle Heights Location
Situated in an 'extremely highly desirable area' of Boyle Heights, offering central access to schools, regional parks, and major freeways, enhancing tenant appeal and property value.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Further Updates
Built in 1965, the property's age, despite recent upgrades, suggests that other components or systems may require future attention or modernization.
- Specific Design Aesthetic
The first building 'still preserves its traditional Japanese design.' While unique, this specific aesthetic might not appeal to all potential tenants or buyers, potentially limiting market reach or requiring further customization.
- Unspecified HVAC System
The description does not mention the presence of air conditioning or central heating, which could be a significant comfort and marketability concern for tenants and future buyers in Los Angeles.
About 2447 Malabar Street
A rare opportunity to own two separate Building with 3 units in a 7000sqft lot. Extremely highly desirable area of Boyle heights. The First Building offers three bedrooms, a bathroom, and a basement that can serve as additional living space or storage. The unit features a contemporary open kitchen and still preserves its traditional Japanese design. Few upgrades are plumbing, electrical, dual pane windows and ROOF for both buildings. This home is ideal to live in and rent the other two units. Second Building has (2) units that are 2bedroom and 1 bathroom each. The lower unit underwent renovations three years ago and has occupied by the same tenants ever since. Newer Fence throughout and long driveway that can park multiple cars with an auto driveway gate. Centrally located near Schools, Regional Parks, easy access to any major freeways. This property offers strong potential for investors and homeowners alike.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1965
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,810 | 2,286 | 57% |
| Lot Size | 7,000 | 5,997.5 | 71% |
| Price | $1.10M | $847.5K | 79% |
| Price per sq ft | $391 | $379 | 57% |
| Built year | 1965 | 1925 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 212 | 7% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,100,000
Initial Listing
Sold
Jun 30, 2015
$385,000
Public Record