Los Angeles, CA 90033 2435 Lancaster Avenue
$2,200,000
8 more
Presented By: Tony Azzi with Tony Azzi;
- MLS# 25552247
- 06/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 20
Baths • 12
SQFT • 6,920
Home Details
2435 Lancaster Ave is a rare value-add fourplex located in the heart of Boyle Heights. Delivered vacant, the property offers immediate upside through renovations, owner-user occupancy, or market-rate leasing in a high-demand rental area. Built in 2016, the two-building, four-unit asset spans 6,920 square feet on an 8,227 SF lot and features separately metered gas and electric. Ideally positioned just east of Downtown LA, the property benefits from walkable access to Metro Gold Line stations, major freeways, and nearby employers such as the USC Medical Center and Arts District. Surrounded by vibrant culture, local amenities, and ongoing neighborhood revitalization, 2435 Lancaster presents a compelling opportunity for investors seeking both stability and growth.
Presented By: Tony Azzi with Tony Azzi;
Interior Features for 2435 Lancaster Avenue
Bedrooms
Total Bedrooms20
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories
General for 2435 Lancaster Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.36
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsFrom LAX, take the freeway northbound, transition toward the Antelope Valley area, and exit near the Lancaster region. Property is located just a short drive off the main road, convenient to local amenit
Full Baths
Garage Y/NNo
Gross Income252000.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8230.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income161917.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built2016
ZoningLARD2
Exterior for 2435 Lancaster Avenue
Building Area Total6920.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1889
Lot Size Area8230.0
Number of Buildings2
Private PoolNo
SpaNo
Total Parking8.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate