SoldMay 21, 2025

Listed by RACHAEL NOL

Bought with DAVID MEDINA

Source: San Diego MLS #IV24237273

2539 Wabash Avenue, Los Angeles, CA, 90033

$2,300,000

8
4
0.29 ac.

MultiFam

30+ days on the market

Sold: May 21, 2025

What's around 2539 Wabash Avenue

About this property

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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