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$1,349,999

2432 Fairmount St Los Angeles, CA 90033

0.1 acres
Condo

Property details

About 2432 Fairmount St

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.

Highlights

Home typeCondominium
StatusActive
Lot size0.1341 Acres
Year built1938
MLS #DW25045422

Summary

  • Private Pool: No
  • List Price: $1,349,999
  • Annual Tax Amount: $14,370
  • Tax Year: 2024
  • Lot: Front Yard
  • Directions: Near Soto
  • Year Built: 1938
  • Stories: 2
  • Lot Size: 0.1341 Acres
  • MLS Number: DW25045422
  • MLS Name: CRMLS
  • Office Name: Century 21 Allstars
  • Office Phone: (949) 903-6633
  • Listing Agent: Danny Navarro

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 11:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 19, 1996
Home Sold
$105,000

Tax history

YearAssessmentProperty Tax
2024$1,118,430$14,370
2023$1,096,500$14,103
2022$382,241$5,400
2021$374,747$5,326
2020$370,905$4,844
2019$363,634$4,689
2018$356,505$4,592
2017$349,516$4,592

History based on county public records data.

Nearby schools

4

Sheridan Street Elementary School

Public District PK-6

0.3 mi

416 Cornwell St

5

Evergreen Elementary School

Public District KG-6

0.3 mi

2730 Ganahl St

3

Murchison Street Elementary School

Public District PK-6

0.7 mi

1501 Murchison St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,177. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
50%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

26%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2432 Fairmount St

The listing price of 2432 Fairmount St property is $1,349,999.

The property 2432 Fairmount St is a condo located in Los Angeles, California, 90033.

Active Listing: 2432 Fairmount St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2432 Fairmount St are: Sheridan Street Elementary School (GreatSchools Rating 4/10), Evergreen Elementary School (GreatSchools Rating 5/10), Murchison Street Elementary School (GreatSchools Rating 3/10), Extera Public (GreatSchools Rating 3/10), Hollenbeck Middle School (GreatSchools Rating 5/10), Utah Street School (GreatSchools Rating 3/10), Francisco Bravo Medical Magnet High School (GreatSchools Rating 10/10), Theodore Roosevelt High School (GreatSchools Rating 5/10), Math, Science, & Technology Magnet Academy at Roosevelt High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $14,370 (source: MLS/based on county public records data).

The last sale was on March 19, 1996 for $105,000 (source: MLS/tax record).

The property at 2432 Fairmount St has 0 bathroom.

The year of construction for 2432 Fairmount St is 1938.

This home is located at 2432 Fairmount St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $1,349,999.

Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. Listings spent 34 days on the market in June 2025, and had a median list price of $876,067 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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