2539 Wabash Avenue, Property Listing: MLS® #IV24237273

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.

2539 Wabash Avenue, Property Listing: MLS® #IV24237273 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: IV24237273
  • 2539 Wabash Avenue
  • , CA 90033
  • $2,900,000
  • 0.29 Acres
  • Office: Keller Williams Riverside Cent

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.

Supplemental Remarks

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Essential Information

  • MLS® #IV24237273
  • Listing Price$2,900,000
  • Original Listing Price$2,900,000
  • Date ListedNovember 19th, 2024
  • Days on Market3
  • Bathrooms0.00
  • Acres0.29
  • Lot Sq.Ft.12,808
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$150

Community Information

  • Address2539 Wabash Avenue
  • AreaLOS ANGELES (90033)
  • CountyLos Angeles
  • StateCA
  • Zip Code90033

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on November 26th, 2024 at 8:23pm PST.