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2539 Wabash Avenue
Los Angeles CA 90033 US

$2,900,000

Active Under Contract Listing ID IV24237273
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26 bed
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13.00 Bath (13 Full)
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Lot: 12,808.00 Square Feet
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Apartment

$2,900,000

Active Under Contract Listing ID IV24237273
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2539 Wabash Avenue 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.

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Property Features

  • Facts
  • Lot Size: 12,808.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 13
  • Exterior Finish: Community Features Included: Sidewalks, Lot 10000-19999 Sqft

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 2900000
  • unparsedaddress: 2539 Wabash Avenue
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 13
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.294031221303949
  • lotsizeunits: Square Feet
  • lotsizearea: 12808
  • livingarea: 10555
  • livingareaunits: Square Feet
  • listagentfullname: RACHAEL NOL
  • listagentemail: Rachael@TheNolGroup.com
  • listagentkey: 3yd-MRMLSCA-IVNOLRACH
  • listagentmlsid: IVNOLRACH
  • listagentpreferredphone: 9518485188
  • listagentofficephone: 9517765700
  • listofficekey: 3yd-MRMLSCA-IKEL02
  • listagentstatelicense: 01963611
  • listofficemlsid: IKEL02
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1965
  • listingcontractdate: 2024-11-20
  • listagenturl: http://thenolgroup.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5177011040
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Carport
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Community Features Included: Sidewalks, Lot 10000-19999 Sqft
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams - Riverside Central", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Rachael@TheNolGroup.com", "ListBrokerageCity":"Riverside", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw831@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/ec8b93e111e911e4868a22000b2b8d6f/20140722214923669.png", "ListBrokerageName":"Keller Williams - Riverside Central", "ListBrokeragePhone":"(951) 776-5700", "ListBrokeragePostalCode":"92508", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 102", "ListBrokerageUnparsedAddress":"7898 Mission Grove Parkway South", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"7898 MISSION GROVE PKWY S #102", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ILUCAJOA", "ListOfficeCity":"RIVERSIDE", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw831@kw.com", "ListOfficePostalCode":"92508", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Los Angeles, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/IV24237273/?channel=rexren", "MLSModificationTimestamp":"2024-12-17T18:30:31Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/18/2024 4:10:21 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: RACHAEL NOL, KELLER WILLIAMS RIVERSIDE CENT, Rachael@TheNolGroup.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.