2435 Lancaster Ave is a rare value-add fourplex located in the heart of Boyle Heights. Delivered vacant, the property offers immediate upside through renovations, owner-user occupancy, or market-rate leasing in a high-demand rental area. Built in 2016, the two-building, four-unit asset spans 6,920 square feet on an 8,227 SF lot and features separately metered gas and electric. Ideally positioned just east of Downtown LA, the property benefits from walkable access to Metro Gold Line stations, major freeways, and nearby employers such as the USC Medical Center and Arts District. Surrounded by vibrant culture, local amenities, and ongoing neighborhood revitalization, 2435 Lancaster presents a compelling opportunity for investors seeking both stability and growth.
For sale
$2,200,000
2435 Lancaster Ave, Los Angeles, CA 90033
20beds
12baths
6,920sqft
Est.:
Multi Family
Built in 2016
-- sqft lot
$2,154,500 Zestimate®
$318/sqft
$-- HOA
What's special
- 20 days
- on Zillow |
- 104 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 05:06pm
Listed by:
Tony Azzi DRE # 00910513 310-666-2828,
Tony Azzi 310-909-5454
Source: CLAW,MLS#: 25552247

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 12
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 6,920
- Total interior livable area: 6,920 sqft
Property
Parking
- Total spaces: 8
- Parking features: Other
Features
- Levels: Two
Lot
- Size: 8,228.48 Square Feet
Details
- Additional structures: Other
- Parcel number: 5202014010
- Zoning: LARD2
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 2016
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $318/sqft
- Tax assessed value: $1,186,748
- Annual tax amount: $15,093
- Date on market: 6/13/2025
- Total actual rent: 252000
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