2432 Fairmount Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
2432 Fairmount Street,Los Angeles, CA 90033
$1,299,000
  • - Beds
  • - Baths
  • 3,000 sq. ft.
  • Multi-family
  • Active
Listed by: danny navarro
Office: century 21 allstars562-863-2121
MLS#:DW25045422
Source:CRMLS

Price summary

  • Price:$1,299,000
  • Price per sq. ft.:$433

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:427 day(s) ago
  • Updated:May 03, 2026 at 10:43 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
  • Lot Features:Front Yard
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,000
  • Price per sq. ft.:$433

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:8
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