2505 Malabar, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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2505 Malabar
Los Angeles, California 90033
ACTIVE
CONDITION: POOR
0Beds
0Baths
4,974Sq Ft
7,004Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,119,027
SUMMARY
This 10-unit multifamily High-Potential Investment Opportunity is listed at a List Price of $1,100,000—positioned well below the $1,119,028 Fair Market Value by 1.7%. This valuation gap offers $19,028 in Instant Equity. With a Condition Rating of 5, the asset requires modernization to capture a significant 68% rental upside. Located in a high-demand infill market near the USC Medical Center, this property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking consistent rental demand.
Estimated Market Value
$1,119,027
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2505 Malabar Subject | $1,100,000* List Price | 0 | 0 | 4,974 | $225 | - |
A 2015 Pennsylvania Avenue Sold | $1,025,000 | 0 | 0 | 4,522 | $227 | 0.6 mi |
B 1440 Tremont Active | $1,288,000 List Price | 0 | 0 | 4,836 | $266 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1924, this 100-year-old multifamily property is explicitly marketed as a 'value-add' opportunity with 68% rental upside, signaling a need for significant rehab. While select units show basic cosmetic updates like painted cabinets and newer appliances, the overall age and 'value-add' status suggest that systems and most interiors require major modernization to meet market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The property offers a substantial 68% rental upside, providing a rare opportunity for investors to significantly increase Net Operating Income as current rents are well below market rates.
- Strategic Infill Location
Situated in the high-demand Boyle Heights market, the asset is less than a mile from USC Medical Center and provides excellent proximity to Downtown Los Angeles and the Metro E Line.
- Optimal Unit Mix
The 10-unit complex consists entirely of one-bedroom, one-bathroom units, which are highly desirable for the local workforce and ensure consistent rental demand.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-01-02. The sold price is $1,200,000.00.
- Aging Infrastructure
Constructed in 1924, the property may require significant capital expenditure to address deferred maintenance and modernize aging building systems common in vintage assets.
- Inconsistent Unit Conditions
With only select units featuring interior upgrades and wall A/C, the property requires additional investment to standardize the quality across all units to achieve top-of-market rents.
About 2505 Malabar
2505 Malabar Street is a 10-unit multifamily asset in Los Angeles’ Boyle Heights neighborhood. This offering is an excellent acquisition opportunity for an investor seeking value-add potential: current rents are well-below market and present 68 percent rental upside. 2505 Malabar Street is a 1924 construction single-story apartment complex with all one-bedroom/one-bath units. Select units feature interior upgrades and wall A/C units. and the building also offers laundry facilities. The property is located in Boyle Heights with convenient access to major employers and attractions in Downtown Los Angeles, less than a mile to USC Medical Center, and proximate to freeways and the Metro E Line. This area is one of Los Angeles’ most active infill development markets, signaling investor sentiment in the area and its consistent rental demand.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1924
- Lot Size
- 7,004 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.3 |
| Square foot | 4,974 | 4,065.4 |
| Lot Size | 7,004 | 6,744.9 |
| Price | $1.10M | $1.13M |
| Price per sq ft | $221 | $262 |
| Built year | 1924 | 1939 |
| HOA | $0 | $907 |
| Days on market | 28 | 110 |
Pricing History
Listed for Sale
Aug 12, 2026
$1,100,000
Initial Listing
Sold
Jan 2, 2026
$1,200,000
Public Record
Sold
Jul 18, 2007
$845,000
Public Record
Sold
Oct 1, 2003
$635,000
Public Record