2539 Wabash Avenue, Los Angeles, California 90033
- $2,500,000
- $2,900,000
- $2,500,000
- $2,900,000
Overview
- Apartment, Residential Income
- 10555 Sqft
- 1965
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
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Address: 2539 Wabash Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90033
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Country: US
Details
Updated on May 21, 2025 at 6:34 pm-
Property ID IV24237273
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Price $2,500,000
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Property Size 10555 Sqft
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Land Area 0.294 Acres
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Year Built 1965
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Submit
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Carport
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Community Features Sidewalks
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Down Payment
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