2539 Wabash Avenue, Los Angeles, CA 90033 - Berkshire Hathaway HomeServices California Properties

2539 Wabash Avenue, Los Angeles, CA 90033

$2,500,000 Approx. USD 0 beds, 0 baths

Listing Agent


RACHAEL NOL | Rachael@TheNolGroup.com
Lic#: 01963611
Broker: Courtesy of KELLER WILLIAMS RIVERSIDE CENT

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Pending
MLS# IV24237273
List price is $2,500,000 Reduced by $400,000 on 2/10/2025
Price: $2,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1965
2 stories
0.29 acres
Lot size: 0.2940
County: Los Angeles
Zoning: LARD1.5
Parking description: Carport
MLS area: BOYH - Boyle Heights

Last Updated: 5/3/2025

 Days On Market (DOM): 127

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.051861, -118.200396.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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