2432 Fairmount Street, Los Angeles, CA 90033

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
2432 Fairmount Street,Los Angeles, CA 90033
$1,349,999
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: danny navarro
Office: century 21 allstars
MLS#:DW25045422
Source:CRMLS

Price summary

  • Price:$1,349,999
  • Price per sq. ft.:$450

About this home

One of the Five Units will be vacant Close of Escrow! 6.54% Cap Rate $91,680 / annually income. One of the best in Los Angeles County! 2432 Fairmount St is a meticulously remodeled 5 Unit Apartment in the heart of Los Angeles. Boasting an excellent unit mix with (4) 1-Bed/1-Bath, (1) 2-Bed/1-Bath units, each unit has had some upgrades.The offering comes with endless opportunity, room to add ADU's. This offering presents an investor the opportunity to acquire a fully tenant-ready Asset in Boyle Heights operating at a 6.54% Cap Rate and 15.24 GRM. This turn-key apartment is fit for any investor to add a cash cow to their apartment portfolio. Boyle Heights is a quickly growing neighborhood in Los Angeles adjacent to Downtown Los Angeles. A vibrant and culturally diverse neighborhood known for its rich history, tight-knit community, and eclectic mix of cuisines, Boyle Heights offers a dynamic blend of residential charm, thriving local businesses, and a vibrant arts scene. With a close

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Home facts

  • Year built:1938
  • Listing ID #:DW25045422
  • Added:327 day(s) ago
  • Updated:January 23, 2026 at 11:37 AM

Rooms and interior

  • Living area:3,000 sq. ft.

Structure and exterior

  • Year built:1938
  • Building area:3,000 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,349,999
  • Price per sq. ft.:$450
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