2432 Fairmount Street
Los Angeles, CA 90033
0
Bed
0
Bath
3,000Sqft
5,843Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1938Building Area Total: 3000Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5843 Lot Size Acres: 0.1341 Lot Size Source: Assessor Lot Size Square Feet: 5,843 Lot Description: Front Yard
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Listing Price Information
Listing Price: $1299000Original Price: $1400000Cash, Cash to New Loan, Conventional, 1031 Exchange
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Tax Information
Parcel Number: 5177018023 Tax Lot: 23 Tax Block: J
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Parking Information
Parking Total: 8
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Location Information
Direction: Near Soto WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 317 N Mathews Street, Los Angeles, CA, 90033 | $1,099,900 | 2 | 2 | -- | |
| 436 S Soto, Los Angeles, CA, 90033 | $1,350,000 | 1 | 1 | -- | |
| 1415 Eudora Court, Los Angeles, CA, 90033 | $770,000 | 3 | 3 | 1,496 | 1,496 SqFt |
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ByOwner last updated this listing 08/04/2026 @ 06:20
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