2435 Lancaster AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25088056
Year Built 2016
Lot Size 8,228 Sqft
Property Sub-Type Quadruplex
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 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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Laundry Inside,Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Concrete,On Site,Private,Tandem,Uncovered
Fence Good Condition
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Asphalt,Shingle
Building
Lot Description 0-1 Unit/Acre
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard