2539 Wabash Avenue

Los Angeles, CA 90033

$2,900,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1965

calendar_month Built

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.

Listing Information

List Price $2,900,000
Status Active
MLS IV24237273
HOA $0
Type Residential Income
Subtype Apartment
Year Built 1965
Lot Size 12,808
Structure Size N/A
DOM 1
Courtesy Of KELLER WILLIAMS RIVERSIDE CENT
Listing Agent RACHAEL NOL DRE#01963611

Interior Features

Laundry Information
Location(s) In Carport, Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: RACHAEL NOL, KELLER WILLIAMS RIVERSIDE CENT . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 21st, 2024 at 7:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.