2539 Wabash Avenue
Los Angeles, CA 90033
0.29 acres | #IV24237273
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.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$2,900,000
- MLS #IV24237273
- MLS #IV24237273
- Property SubtypeApartment
- Cost2900000
- Utility SourcePublic
- Acres0.294
- Year Built1965
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: RACHAEL NOL (#IVNOLRACH)
Listing Office: KELLER WILLIAMS RIVERSIDE CENT (#IKEL02)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
