Property Photo: 2539 Wabash Avenue CA 90033

Listing Courtesy of: CRMLS / Coldwell Banker Town & Country / Rachael Nol - Contact: 951-848-5188

2539 Wabash Avenue Los Angeles, CA 90033

Active (59 Days)

$2,500,000

10,555

SQFT

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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.

MLS #:
IV24237273

Lot Size
0.29 acres

Type
Multifamily

Year Built
1965

County
Los Angeles County

Listed By

Rachael Nol, DRE #01963611 CA, Coldwell Banker Town & Country, Contact: 951-848-5188

Source
CRMLS
Last checked Feb 23 2025 at 10:47 AM GMT+0000

Bathroom Details

Interior Features

Laundry: Outside
Laundry: In Carport

Utility Information

Utilities: Water Source: Public
Sewer: Public Sewer

Parking

Carport

Stories

Additional Information: Town & Country | 951-848-5188

Location

Map View | Street View

Listing to Address

Address to Listing

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

Feb 10, 2025

Price Changed

$2,500,000

-14%

-400,000

Nov 19, 2024

Original Price

$2,900,000

Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.