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2435 Lancaster Avenue

Los Angeles, CA 90033

– beds
– baths
– sqft
8,230 sqft lot
2016 build
– on site

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.

Listed By CRMLS_CA / Salar Farshchi Tabrizi / Equity Union / 919-702-6650

Last checked: Checking… • Last updated Apr 28, 2025 •

MLS# SR25088056 —

The Building

Year Built:

2016
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

6920.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

2
Roof:

Asphalt, Shingle
Foundation:

Concrete Perimeter
Exterior Features:

Rain Gutters
Stories Total:

2
Entry Level:

1
Accessibility Features:

None
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Furnished
Levels:

Two
Entry Location:

Street
Window Features:

Screens
Flooring:

Laminate
Room Type:

Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Individual Room, Inside, Washer Included
Laundry:

1

Location

Directions:

Follow US-101 S to N Soto St. Take exit 19 from San Bernardino Fwy. Follow N Soto St to Lancaster Ave
Latitude:

34.05934100
Longitude:

-118.19928200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Turnkey
Zoning:

LARD2
Lot Features:

0-1 Unit/Acre
Lot Size Area:

8230.0000
Lot Size Acres:

0.1889
Lot Size SqFt:

8230.00
Lot Size Source:

Assessor
View:

None
Fencing:

Good Condition
Fence:

Yes
Security Features:

Smoke Detector(s)
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

17
Tax Census Tract:

2031.00
Tax Tract:

2031
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5202014010

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Range, Gas Water Heater, No Hot Water, Refrigerator, Tankless Water Heater
Included:

Yes

The Community

Features:

Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Concrete, On Site, Private, Tandem Uncovered, Uncovered
Parking Spaces:

8.00
Uncovered Spaces:

8.00

Extra Units

Number With Disposal:

4
Number With Dishwasher:

4
Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Verizon 5G Home Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/28/25 Apr 28, 2025	Listed / Active	CRMLS_CA	$2,550,000	1038.4% (94.8% / YR)
11/18/24 Nov 18, 2024	Listed / Active	BRIDGE
4/2/20 Apr 2, 2020	Listed / Active	CRMLS_CA

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This multifamily located in Eastside, Los Angeles, CA 90033 is currently for sale for $2,550,000. 2435 Lancaster Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2435 Lancaster Avenue is in the Eastside neighborhood of Los Angeles and has a WalkScore® of 71, making it very walkable. This multifamily is in the attendance area of Woodrow Wilson Senior High School, Murchison Street Elementary School, and Abraham Lincoln Senior High School.

Listing Courtesy of: CRMLS_CA and Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of 14:10 on Apr 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.