Pending ● Apartment

2539 Wabash Avenue

Los Angeles, CA 90033
$2,500,000
10555 sqft
1965 built

Overview

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.

Status: Pending

Living Area: 10,555

Price: $2,500,000

Price / Sq Ft: $237

Property Type: Apartment

Year Built: 1965

Days On Market: 178

MLS #: IV24237273

Exterior

Stories: 2

Lot Information

Sq Ft: 12,808

Lot Size Area: 12,808

Acres: 0.29399999976158

HOA / Financial Information

Price Per Sq Ft: 237

Area Information

Address: 2539 Wabash Avenue

City: Los Angeles

State: California

County: Los Angeles

Zip: 90033

Directions: Cross Street: Wabash Ave & N Fickett St

More Facts And Features

Watersource: Public

Sewer: Public Sewer

Pool Type: None