$1,200,000

Ten-unit courtyard bungalow-style apartment community located in the heart of Boyle Heights, one of Los Angeles' most dynamic and centrally connected neighborhoods. The property is comprised of 3 buildings that are comprised of 10 one-bedroom, one-bath units, offering investors an attractive value-add opportunity with approximately 37% rental upside through renovation and repositioning. Ideally situated just minutes from Downtown Los Angeles, 2505 Malabar Street benefits from strong renter demand driven by the area's high population density, neighborhood amenities, and access to major transportation corridors. The classic bungalow design and efficient one-bedroom layouts appeal to a broad tenant base, ensuring continued ease of leasing and long-term income stability. There is currently one vacant unit.