2432 Fairmount St

Los Angeles, CA 90033
  • $1,299,000

    Price
  • 6

    Bed
  • 5

    Bath
  • 3,000

    SqFt
  • 0.13

    Acre

About the Listing YCYA - DWNAVDAN

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.

Listing Highlights for 2432 Fairmount St

Status Active
Days on Site 594
Property Type Multi-Family
MLS ® DW25045422
Year Built 1938
Total Square Footage 3,000
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5177018023
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

2432 Fairmount St Los Angeles, CA 90033

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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