2435 Lancaster Avenue

Los Angeles, CA 90033

  • 10 Bed(s)
  • 6 Bath(s)
  • 6,920 Sqft
  • 8230
    Sqft(Lot)
$2,550,000

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 reliable rental history and an unbeatable location near major medical and educational institutions, this property ensures consistent demand and excellent income potential. whether you’re 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49539853

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Asphalt,Shingle
    • Exterior Property Features : Rain Gutters
    • Interior Features: Furnished
    • Windows: Screens
    • Property Appliances: Gas Range,Gas Water Heater,No Hot Water,Refrigerator,Tankless Water Heater,Dryer,Washer
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2016
    • Building Area Total: 6,920
    • Construction: Stucco
    • Roof: Asphalt,Shingle

    Exterior Features

    • Rain Gutters

    Foundation

    • Concrete Perimeter

    Security Features

    • Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Inside,Laundry Room

    Fencing

    • Good Condition

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1889
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8230

  • Listing Price Information

    • Original List Price: 2,550,000
    • Listing Contract Date: 2025-04-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5202014010

  • Garage and Parking

    • Garage Description: Concrete,On Site,Private,Tandem,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: None

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: BOYH - Boyle Heights
    • Postal Code Plus 4: 1501
    • Directions: Follow US-101 S to N Soto St. Take exit 19 from San Bernardino Fwy. Follow N Soto St to Lancaster Ave
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 9
    • Common Walls: No Common Walls
    • Property Condition: Turnkey
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Street
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/05/2025 @ 00:51

  • MLS: SR25088056
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 10 bedrooms which is for sale, it has 6,920 sqft, 8,230 sized lot, and 0 parking. are nearby neighborhoods.