2539 Wabash Avenue
Los Angeles, CA 90033
Active for $2,900,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 12,808 sqft
| MLS | IV24237273 |
| Year Built | 1965 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $2,900,000 |
| Structure Size | N/A sqft |
| Lot Size | 12,808 sqft |
| Beds | N/A |
| Baths | N/A |
Description
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.
Listing information courtesy of: RACHAEL NOL, KELLER WILLIAMS RIVERSIDE CENT . *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 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.
Location
Contact a Local Realtor®
Chiquita Melvin
REALTOR®
Direct: 323.433.2945
Email: Email Me
DRE: 02174692
DRE #01873088
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