2718 Malabar, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Spanish-style Quadruplex represents a stable income-producing asset listed at $1,197,000, which aligns closely with its $1,194,583 Fair Market Value. The property features a brand-new 1-bed/1-bath unit alongside three beautifully maintained units, earning a Good Condition Rating. With Spanish character details, modern upgrades, and distant city skyline views, the asset sits strategically minutes from USC Medical Center and the Arts District. This versatile property is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking consistent cash flow in the evolving Boyle Heights market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2718 Malabar Subject | $1,197,000* List Price | 0 | 0 | 3,100 | $385 | - |
A 2719 Folsom Active | $1,169,000 List Price | 0 | 0 | 3,048 | $384 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a brand-new 1 bed/1 bath unit, which would be in excellent condition. The other units, while originally built in 1924, are described as 'beautifully maintained' with 'modern upgrades,' indicating they are move-in ready and well-kept. This blend of new construction and updated older units suggests an overall 'Good' condition, despite the age of the original structures. However, a full assessment of specific interior features like kitchens, bathrooms, and flooring for all units is limited due to the absence of interior images.
This fourplex offers significant rental income potential with four distinct units (3/1, two 2/1, one new 1/1), providing strong cash flow for investors in a high-demand area.
The property presents an ideal scenario for an owner-occupant to live in the brand-new unit while collecting rent from the other three, effectively offsetting mortgage costs.
Conveniently located minutes from Downtown LA, Arts District, USC Medical Center, Metro Gold Line, and major freeways, ensuring high tenant demand and potential for appreciation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3100, other record living area = 2600.
Built in 1924, the older units, despite being maintained, may have aging infrastructure (e.g., plumbing, electrical, roof) that could lead to future capital expenditures not explicitly covered by 'modern upgrades'.
The listing explicitly states 'Buyer and agent to verify all information including... permits,' which suggests potential unverified aspects or requires thorough due diligence, especially concerning the 'brand-new construction'.
Beautifully maintained Spanish-style fourplex in the heart of Boyle Heights! This 3,100 sq ft property sits on a 5,849 sq ft lot and features 8 bedrooms and 4 bathrooms across four spacious units — one 3 bed / 1 bath, two 2 bed / 1 bath, and one brand-new 1 bed / 1 bath construction ready for immediate occupancy. Perfect opportunity for an owner-occupant to live in the new unit while collecting rent from the others, or for an investor seeking strong cash flow in a high-demand area. Spanish character details blend with modern upgrades, offering charm and functionality. Conveniently located minutes from Downtown LA, Arts District, USC Medical Center, Metro Gold Line, and major freeways (10 / 5 / 60). Don’t miss this chance to own a rare income-producing property in one of LA’s most vibrant and evolving neighborhoods! Please text listing agent for showing instructions. Buyer and agent to verify all information including square footage, unit count, and permits
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 | 3,100 | 2,269 | 73% |
| Lot Size | 5,849 | 5,849 | 50% |
| Price | $1.20M | $775.0K | 73% |
| Price per sq ft | $386 | $386 | 50% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 204 | 27% |
Mar 12, 2026
$1,197,000
$1,250,000
-4% Price Drop
Initial Listing
Jan 26, 2026
$1,250,000
Initial Listing
Oct 16, 2024
$650,000
Public Record