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2539 Wabash Avenue

Los Angeles, CA 90033

– beds
– baths
– sqft
12,808 sqft lot
1965 build
– on site

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.

Listed By CRMLS_CA / RACHAEL NOL / KELLER WILLIAMS RIVERSIDE CENT / 951-848-5188

Last checked: Checking… • Last updated Feb 10, 2025 •

MLS# IV24237273 —

The Building

Year Built:

1965
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

10555.00
Building Area Units:

Square Feet
Total Number Of Units:

14
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

14
# of Separate Water Meters:

1
# of Separate Electric Meters:

14

Interior

Levels:

Two
Entry Location:

1
Laundry:

In Carport, Outside
Laundry:

1

Location

Directions:

Cross Street: Wabash Ave & N Fickett St
Latitude:

34.05186100
Longitude:

-118.20039600

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD1.5
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

12808.0000
Lot Size Acres:

0.2940
Lot Size SqFt:

12808.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

26
Tax Census Tract:

2032.00
Tax Tract:

203...
Tax Lot:

26

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5177011040

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Carport

Extra Units

Average 2 Bed Area:

754

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/10/25 Feb 10, 2025	Price Changed	CRMLS_CA	$2,500,000	-13.8%
1/22/25 Jan 22, 2025	Relisted	CRMLS_CA	$2,900,000
12/17/24 Dec 17, 2024	Pending	CRMLS_CA	$2,900,000

Multifamily For Sale

$2,500,000

Listing provided by broker:

RACHAEL NOL

KELLER WILLIAMS RIVERSIDE CENT

951-848-5188

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This multifamily located in Eastside LA, Los Angeles, CA 90033 is currently for sale for $2,500,000. 2539 Wabash Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 88 days. 2539 Wabash Avenue is in the Eastside LA neighborhood of Los Angeles and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Esteban Torres High School - East Los Angeles Renaissance Academy, Evergreen Avenue Elementary School, Hilda L Solis Learning Academy, Esteban Torres Hs Humanitas Academy Of Art & Technology, Esteban Torres Hs - Engineer And Technology Academy, and James A Garfield Senior High School.

Listing Courtesy of: CRMLS_CA and KELLER WILLIAMS RIVERSIDE CENT. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Feb 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.