2432 Fairmount, Los Angeles CA 90033 | $1,349,999

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 5843 Lot Sq Ft
  • Type: Apartment
  • Stories: 2
  • Year Built: 1938
  • MLS#: DW25045422
  • Community: BOYH - Boyle Heights

Listing provided courtesy of Danny Navarro of Century 21 Allstars. Last updated 2025-11-13 09:11:34.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.13 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985