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2432 Fairmount St , Los Angeles, CA 90033
$1,299,000
Est. Payment: $6,536.36/mo
4 Bed
4 Bath
0 Sqft
Status: active | Days on site: 522
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

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.
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Highlights

Listed by Danny Navarro , 949-903-6633 Century 21 Allstars , 562-863-2121. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.13

County

Los Angeles

Listing ID

DW25045422

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Assessor
Principal Interest
$6,536
Taxes
$828

Home Price

$1,299,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$259,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,536.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,536.36 $828.11 $0.00 $7,364.48
Yearly $78,436.35 $9,937.35 $0.00 $88,373.70
Total $2,353,090.55 $298,120.50 $0.00 $2,651,211.05

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T20:21:00.000Z

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