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2440 Wabash Avenue

Los Angeles CA 90033

5
5
3
2756 sq. ft.
8066 sq. ft.
Other
Currently for sale - view listing

Overview

2440 Wabash Ave presents a five-unit multifamily value-add opportunity located in the rapidly evolving Boyle Heights submarket of Los Angeles, just east of Downtown LA. Built in 1923, the property consists of three single-story buildings totaling approximately 2,756 square feet on an 8,066 square foot lot and is offered fee simple. Current rents remain significantly below market, providing investors with a clear path to value creation through interior renovations and operational improvements. The unit mix consists of (2) one-bedroom/one-bath units, (1) two-bedroom/one-bath unit, and (2) three-bedroom/two-bath units, supporting broad tenant demand and flexible repositioning strategies. The property benefits from a transit-oriented location near major bus lines, Metro stations, and convenient access to the US-101, I-5, and I-10 freeways. Situated minutes from Downtown Los Angeles, the Arts District, USC Medical Center, and major employment centers, the asset is well positioned to capture continued renter demand driven by ongoing neighborhood revitalization, strong urban connectivity, and durable Eastside rental fundamentals.

Features

5 bedrooms
5 bathrooms
3 carspaces
2756 sq. ft. floor area
8066 sq. ft. lot size
Other

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 5 bedroom other properties in Los Angeles

In the last 12 months, 3 five-bedroom other properties similar to 2440 Wabash Avenue, have been sold.

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