Apartment for sale in Southern California — $1,299,000. 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…
$1,299,000
2432 Fairmount Street, Los Angeles, CA 90033
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 updated: March 8, 2026 at 11:11 PM
Listed by: Danny Navarro, Century 21 Allstars
Source: CRMLS, MLS#: DW25045422, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
3/08/2026 Source: CRMLS, #DW25045422 | Price change | $1,299,000-3.8% |
| 3/01/2025Source: CRMLS, #DW25045422 | Listed for sale | $1,349,999 |
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