2539 Wabash Avenue

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Address: 2539 Wabash Ave, Los Angeles, CA 90033, USA

California & West + Apartment Buildings

Created date: November 24, 2024

Date last updated: January 16, 2025

Property Description

This 14-unit multifamily building in desirable Boyle Heights neighborhood presents a prime investment opportunity. Sitting on a spacious 12,808 sq ft lot, the property offers a strategic location with easy access to Downtown Los Angeles. Residents enjoy convenient access to major freeways and a variety of local shops and restaurants. The building consists of all 2-bedroom, 1-bath units, with 4 units recently remodeled. All units are separately metered for electricity and gas, tenants are also responsible for their trash. The property boasts 100% occupancy, with stable tenants and minimal turnover. Parking is abundant, with 13 of the 14 units having assigned parking spaces. Additionally, an on-site laundry facility adds convenience for residents. This property provides strong cash flow, excellent long-term potential, and is an ideal addition to any investment portfolio.

Under Contract

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Broker Details

RACHAEL NOL

Keller Williams - Riverside Central (951) 776-5700 MLS ID: IVNOLRACH State License Number: 01963611

Key Property Information

Listing Status:	Under Contract
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$2,900,000
No. of Units:	14
Year Built:	1965
Lot Size:	10,555.00 Sq ft
Opportunity Zone:	No
Price per unit:	$207,143
Property Website	Click Here
Number of Bedrooms:	26
Number of Bathrooms:	13

Address: 2539 Wabash Avenue, Los Angeles, CA 90033, USA

Provided by:

Standard Status: Active Under Contract

MLS Listing Number: IV24237273
ID: 3yd-MRMLSCA-IV24237273

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