2435 Lancaster Avenue, Los Angeles, CA 90033

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Glen Henderson

[email protected] +1(619) 889-7646

$2,550,000

Est. payment - /mo

10 Beds

6 Baths

8,230 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25088056

Bedrooms 10

HOA Y/N No

Lot Size 8,230 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange

Property Description

High Cash-Flowing 4-Plex Near USC Med Campus | 2016 Build | 5 Beds & 3 Baths Townhome Units Quadruplex in Boyle Heights. An exceptional high cash-flow multifamily investment opportunity awaits at 2435 Lancaster Ave, located in the heart of Boyle Heights, one of Los Angeles oldest and most rapidly revitalizing neighborhoods. This rare 2016-built 4-plex offers spacious, well-maintained, townhouse-style units just minutes from the USC School of Medicine Campus, Los Angeles General Medical Center, Lincoln Park, public transit, and Downtown LA making it a prime addition to any investment portfolio. The property consists of two separate duplexes totaling four units, each featuring 5 bedrooms and 3 bathrooms. Designed with privacy and functionality in mind, fully gated, every unit enjoys no one living above or below, with all four units individually metered for utilities. The clean, contemporary living spaces are perfect for families, students, or shared living arrangements, with a layout that ensures both comfort and convenience. This gated property includes ample on-site parking with eight total spaces seven accessible from the rear alley and one parking spot in the front driveway. This thoughtful setup provides ease of access for tenants and adds to the desirability of the property. Currently, two of the four units are leased at $5,500 per month each, delivering immediate, strong cash flow. One unit is vacant and move-in ready, while the fourth is tenant-occupied but can be delivered vacant at closing, offering flexibility for both investors and owner-occupiers. With a reliab
High Cash-Flowing 4-Plex Near USC Med Campus | 2016 Build | 5 Beds & 3 Baths Townhome Units Quadruplex in Boyle Heights. An exceptional high cash-flow multifamily investment opportunity awaits at 2435 Lancaster Ave, located in the heart of Boyle Heights, one of Los Angeles oldest and most rapidly revitalizing neighborhoods. This rare 2016-built 4-plex offers spacious, well-maintained, townhouse-style units just minutes from the USC School of Medicine Campus, Los Angeles General Medical Center, Lincoln Park, public transit, and Downtown LA making it a prime addition to any investment portfolio. The property consists of two separate duplexes totaling four units, each featuring 5 bedrooms and 3 bathrooms. Designed with privacy and functionality in mind, fully gated, every unit enjoys no one living above or below, with all four units individually metered for utilities. The clean, contemporary living spaces are perfect for families, students, or shared living arrangements, with a layout that ensures both comfort and convenience. This gated property includes ample on-site parking with eight total spaces seven accessible from the rear alley and one parking spot in the front driveway. This thoughtful setup provides ease of access for tenants and adds to the desirability of the property. Currently, two of the four units are leased at $5,500 per month each, delivering immediate, strong cash flow. One unit is vacant and move-in ready, while the fourth is tenant-occupied but can be delivered vacant at closing, offering flexibility for both investors and owner-occupiers. With a reliable rental history and an unbeatable location near major medical and educational institutions, this property ensures consistent demand and excellent income potential. Whether youre seeking a turnkey, high-yield investment, a 1031 exchange opportunity, or a chance to live on-site while offsetting your mortgage with rental income, 2435 Lancaster Ave is a smart, strategic acquisition in a fast-growing Eastside LA neighborhood.

Location

State CA

County Los Angeles

Area Los Angeles (90033)

Zoning Public Rec

Interior

Cooling Central Forced Air

Air Conditioning Central Forced Air

Exterior

Exterior Feature Stucco

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $71

Acceptable Financing Cash, Conventional, Exchange

Space Rent $5,500

Listing Terms Cash, Conventional, Exchange

CFD/Mello-Roos Fee $855

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Listed by Salar Farshchi Tabrizi • Equity Union

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2435 Lancaster Avenue Los Angeles, CA 90033

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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