2461 Wabash Avenue

Los Angeles, CA 90033 Active for $849,900

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Beds: 3 Baths: 2 Structure Size: 1,926 sqft Lot Size: 5,502 sqft

Property Facts

MLS	25518739PS
Year Built	1923
Property Type
County	Los Angeles
Status	Active
Active	$849,900
Structure Size	1,926 sqft
Lot Size	5,502 sqft
Beds	3
Baths	2

Description

Exceptional Investment Opportunity in Booming Boyle Heights. An exceptional investment opportunity in the rapidly evolving Boyle Heights neighborhood. This meticulously maintained duplex, totaling 1,926 sq ft of combined living space, offers immediate rental income and substantial future appreciation potential. Unlike many properties in the area, this duplex boasts significant recent upgrades, ensuring minimal immediate capital expenditure. The front unit, a spacious 1,050 sq ft, 2-bedroom, 1-bathroom residence, has been meticulously renovated for modern living. The kitchen has been transformed with sleek quartz countertops, contemporary cabinetry, and stainless steel appliances. An intelligent wall removal has created a seamless, open-concept flow into the living area, maximizing space and light. Newer flooring and windows enhance the unit's appeal, while the bathroom has been tastefully updated. The rear unit, a comfortable 876 sq ft, 1-bedroom, 1-bathroom, provides a solid rental income stream. A long gated driveway leads to a two single car garage detached building from the units. The exterior has been recently painted, adding to the property's curb appeal. Zoned LARD1.5, this property offers potential for future development. Its prime Boyle Heights location provides easy access to downtown Los Angeles's business and nightlife, as well as major freeways. This property stands out from the competition with its superior maintenance and recent upgrades, positioning it to command premium rental rates. In a market where opportunity moves fast, this is a chance to secure a high-performing asset. Do not delay, as this offering is primed for immediate action."

Listing information courtesy of: Loran Arvizu, The Agency 760-297-2231. *Based on information from the Association of REALTORS/Multiple Listing as of 04/04/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.