2432 Fairmount Street, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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 proximity to the train line stop and walking distance to Hollenbeck Park, and restaurants, bars and nightlife.
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Home facts
- Year built:1938
- Listing ID #:DW25045422
- Added:275 day(s) ago
- Updated:December 02, 2025 at 02:15 PM
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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