2539 Wabash Avenue, Los Angeles, California 90033
  • $2,500,000
  • $2,900,000

Overview

Property ID: IV24237273
  • Apartment, Residential Income
  • Property Type
  • 10555 Sqft
  • Area Size
  • 1965
  • Year Built

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.

  • Address: 2539 Wabash Avenue
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90033
  • Country: US

Details

Updated on May 21, 2025 at 6:34 pm
  • Property ID IV24237273
  • Price $2,500,000
  • Property Size 10555 Sqft
  • Land Area 0.294 Acres
  • Year Built 1965
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Submit
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Carport
  • Community Features Sidewalks

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