Potential for Buyer Assumption or Lease to Purchase! 2516 Malabar St is a newly built 4-plex in the Boyle Heights neighborhood! The property was built in 2021 and offers 16 large bedrooms. The unit mix consists of (4) 4 Bedroom/ 3 Bathroom units. The property is gated and offers 8 tandem parking spaces. The property will be now be delivered fully occupied! The units are all individually metered for gas, electricity, water and has solar panels keeping owners expenses low! Don't miss out on this great NON RSO investment opportunity! Embrace the unique charm and cultural richness of Boyle Heights with this exceptional real estate investment opportunity. Situated in the heart of East Los Angeles, Boyle Heightsis renowned for its diverse community, historic landmarks, and thriving local economy. This dynamic neighborhood offers a compelling blend residential, commercial, andmixed-use properties, making it an attractive destination for investors seeking growth and value in the Los Angeles real estate market.
Listed by Yitzy Davis
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License #02075515
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Keller Williams Los Angeles
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559-330-9709
Listed by Michael R. Fukushima
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License #01380445
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Keller Williams Los Angeles
Last updated November 06, 2025
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Source: CRMLS #25559895
Listing Facts
TypeMulti-family
NeighborhoodBoyle Heights
Bedrooms16
Days on Prevu141
Size5,862 sqft
Price per sqft$426
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
10/30/2025
Price Increased
$2,500,000
10/28/2025
Status changed to Active
$2,400,000
10/21/2025
Status changed to Removed from Feed
$2,400,000
10/18/2025
Status changed to Active
$2,400,000
10/16/2025
Status changed to Removed from Feed
$2,400,000
10/04/2025
Status changed to Active
$2,400,000
10/03/2025
Status changed to Removed from Feed
$2,400,000
09/20/2025
Status changed to Active
$2,400,000
09/19/2025
Status changed to Removed from Feed
$2,400,000
09/18/2025
Status changed to Active
$2,400,000
09/17/2025
Status changed to Removed from Feed
$2,400,000
09/12/2025
Status changed to Active
$2,400,000
09/08/2025
Status changed to Removed from Feed
$2,400,000
09/07/2025
Status changed to Active
$2,400,000
09/05/2025
Status changed to Removed from Feed
$2,400,000
09/05/2025
Status changed to Active
$2,400,000
09/04/2025
Status changed to Removed from Feed
$2,400,000
07/01/2025
Listed by Keller Williams Los Angeles
$2,400,000
Property Details for 2516 Malabar Street
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 2
Year Built: 2021
Measurements
Building Area Total: 5,862
Lot Size Acres: 0.16
Lot Size Area: 6,996
Lot Size Dimensions: 50,140
Lot Size Square Feet: 6,996
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.5
Gross Income: $177,600.00
Taxes
Parcel Number: 5177023004
Interior
Measurements
Living Area: 5,862
Rooms
Bathrooms Total Integer: 12
Bedrooms Total: 16
Parking
Parking
Parking Features: Gated
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Stacked
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.