---
listing_id: CRDW25045422
status: Active
price: 1299000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 5843
lot_acres: 
year_built: 1938
property_type: Residential Income
property_subtype: Residential Income
address: "2432 Fairmount St"
city: Los Angeles
state: CA
zip: 90033
county: "Los Angeles County"
lat: 34.0499013
lng: -118.1996862
days_on_market: 547
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Danny Navarro"
list_office: "Century 21 Allstars"
list_agent_phone: "(949) 903-6633"
list_agent_license: 01938421
mls_source: CRMLS
modified: 2026-08-15
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90033 | 2432 Fairmount St

2432 Fairmount St, Los Angeles, CA 90033

MLS: CRDW25045422 | Status: | Price: $1,299,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
5,843 1938

Remarks

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.

MLS Listing Information

Field Value
MLS # CRDW25045422
MLS Source California Regional MLS
Days on Site 547

Features

Interior Features

Feature Details
Appliances Other

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 0 Car(s)

Contact Information

Danny Navarro
Century 21 Allstars
License #: 01938421
Phone: (949) 903-6633

Property Units

# Buildings # Leased Units # Total Units
2 5

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Evergreen Avenue Elementary School public K-6 0.19 mi 5
Sheridan Street Elementary School public K-6 0.47 mi 5
Malabar Street Elementary School public K-6 0.47 mi 5
East Los Angeles Occupational public UG 0.54 mi N/A
Francisco Bravo Medical Magnet High School public 9-12 0.60 mi 8
Harrison Street Elementary School public K-6 0.68 mi 4
First Street Elementary School public K-6 0.68 mi 7
Murchison Street Elementary School public K-6 0.72 mi 4
Theodore Roosevelt Senior High public 9-12 0.93 mi 4
Math, Science, & Technology Magnet Academy At Roosevelt High public 9-12 0.93 mi 9
Breed Street Elementary School public K-6 0.94 mi 6
Bridge Street Elementary School public K-5 1.01 mi 5
William R. Anton Elementary School public K-6 1.06 mi 7
Second Street Elementary School public K-6 1.07 mi 6
Central Juvenile Hall public 6-12 1.08 mi N/A
Boyle Heights Continuation School public 9-12 1.08 mi 1
Hollenbeck Middle School public 6-8 1.17 mi 6
Ramona Opportunity High School public 7-12 1.21 mi N/A
Belvedere Elementary School public K-5 1.24 mi 4
Robert F. Kennedy Elementary School public K-6 1.28 mi 6

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of August 15, 2026. For the most current information, please contact Danny Navarro, (949) 903-6633.