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.
Property Details
Price:
$2,550,000
MLS #:
SR25088056
Status:
Active
Baths:
0
Address:
2435 Lancaster Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Apr 22, 2025
State:
CA
ZIP:
90033
Lot Size:
8,230 sqft / 0.19 acres (approx)
Year Built:
2016
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Schools
Interior
Accessibility Features
None
Appliances
Gas Range, Gas Water Heater, No Hot Water, Refrigerator, Tankless Water Heater
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Interior Features
Furnished
Window Features
Screens
Exterior
Community Features
Sidewalks
Electric
Standard
Exterior Features
Rain Gutters
Fencing
Good Condition
Foundation Details
Concrete Perimeter
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Concrete, On Site, Private, Tandem Uncovered, Uncovered
Parking Spots
8.00
Pool Features
None
Roof
Asphalt, Shingle
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
None
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address2435 Lancaster Avenue Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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2435 Lancaster Avenue
Los Angeles, CA
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