2539 Wabash Avenue

Los Angeles CA 90033

0.29 ac.

Multi-Family

Last sold for $2,300,000

RACHAEL NOL, last sold this property on 21 May 2025 after -44 days on market.

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.

Features

8 bedrooms

4 bathrooms

0.29 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Los Angeles over the last 12 months.

Property history for 2539 Wabash Avenue

2025

Sold

$2,300,000

21 May 2025 by RACHAEL NOL, of Keller Williams Riverside

Happy sellers in Los Angeles

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 8 bedroom multi families in Los Angeles

In the last 12 months, 3 eight-bedroom multi families similar to 2539 Wabash Avenue, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Los Angeles for a market analysis.

Sophia De La Vara

at Keller Williams Whittier

(107 reviews)

Get a market analysis

Karen Carlson

at First Team Real Estate

(8 reviews)

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Maria Moreno

at Sanco Investments Inv.

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ARMAND MARTINEZ

at Century 21 Masters

(8 reviews)

Get a market analysis

Nearby agents

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Sophia De La Vara

Sellers who recommend Sophia De La Vara have praised them for being local expert, clear communication, responsive, supportive, patient, dedicated, and great negotiation